Mining

Mining

The mining industry, whether surface, subsurface, or subsea, unknowingly performs research and development activities that qualify for R&D Tax Relief. Such activities can provide a significant benefit to assist companies in further development or reinvestment.

Examples of areas where Qualifying R&D Activities could exist:

  • Creating a mine design related to the topography, local geology, structural siting of deposit, hydrology, tectonic stress regime, depot of target deposit, and potential seismic activity;
  • Establishing the process and extraction techniques to optimise mining production;
  • Developing experiments to improve products or processes in remote controlled mining processes, geo-sensing techniques, or biomining bacteria.

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