You will require this licence if you intend to explore and recover minerals found within the coastal waters of Australia.
This licence gives the holder exclusive rights to undertake exploration and apply for further approvals to undertake exploration related activities. Offshore areas of up to a maximum of 500 blocks are open to application, providing they are not closed to mineral activity.
A mineral:
- is defined as a naturally occurring substance or a naturally occurring mixture of substances
- may be in the form of sand, gravel, clay, limestone, rock, evaporates, shale, oil-shale and coal.
Note, minerals do not include oil and gas.