Premium Content
Subscriber only
The Federal Government has announced a further $100 million to extend a minerals exploration incentive by four years, in Gladstone on Wednesday.
Minister for Resources, Water and Northern Australia Keith Pitt MP said the Junior
Minerals Exploration Incentive (JEMI) would help to ensure jobs for future generations of miners.
“The Coalition Government will continue to support our junior mining companies and
encourage exploration and development of new resource deposits,” Mr Pitt said.
“We need to ensure that we have a continuous investment pipeline for development across
regional Australia.
in regional Australia.
Australians.
explorers.
resources, including critical minerals that positions Australia to drive the global economy of
Joint media release with Member for Flynn, Ken O’Dowd
The Coalition Government will contribute a further $100 million to extend the Junior Minerals Exploration Incentive (JMEI) four more years. Extension of the JMEI program will help to ensure jobs for future generations of miners, which may not occur without additional and ongoing exploration activities.
Minister for Resources, Water and Northern Australia Keith Pitt said the Junior Minerals Exploration Incentive allows eligible companies to access tax incentives to attract new investors.
“The Coalition Government will continue to support our junior mining companies and encourage exploration and development of new resource deposits,” Minister Pitt said.