AMETS Update: Exciting News in Australia’s Critical Minerals Sector!
The Australian Senate has passed the Critical Minerals Production Tax Incentive (CMPTI), marking a strong commitment to the nation’s critical minerals industry. This initiative, part of the Future Made in Australia (Production Tax Credit and Other Measures) Bill 2024, is set to drive billions in investment by offering a 10% rebate on eligible processing and refining costs for Australia’s 31 critical minerals.
With the incentive available from 2027–28 to 2039–40, for up to 10 years per project, this is a game-changing opportunity for companies in the critical minerals sector.
At AMETS, we specialise in navigating regulatory frameworks and ensuring our clients maximise opportunities like the CMPTI. Whether you’re exploring new projects or looking to optimise existing operations, our team can help you make the most of this incentive.
To learn more about the incentive visit: ATO Website
