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Introduction of a 2.5% royalty on vanadium products, excluding vanadium electrolyte, to incentivise local production and battery industry growth.
🟡 Medium · Ministerial Statement18 February 2026 · 322 words
WA introduces 2.5% royalty on vanadium, boosting local battery industry and jobs.
Vanadium royalty to incentivise local production and battery industry growth.
“By applying a 2.5% royalty rate to our vanadium products, we are incentivising production of this critical mineral in Western Australia and encouraging an integrated battery industry in our state.”
👍 positive· informative🌡️ warm
Members who spoke
Michael, David
Topics
vanadiumroyaltiesbattery industryminingenergy
· 18 February 2026
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