The CLP Government is modernising and streamlining the Mineral Titles Act to support investment, jobs and industry growth.
Exploration licence renewal periods will increase from two years to six years, improving certainty for explorers and investors.
Recreational fossicking will remain free, protecting a valued Territory lifestyle activity and tourism experience.
The Finocchiaro CLP Government is delivering the most significant reform of the Northern Territory's mineral titles framework in more than 15 years, introducing legislation to modernise and streamline the Territory's mining and extractive industries.
The Mineral Titles Legislation Amendment Bill 2026 will reduce red tape, improve regulatory efficiency and provide greater certainty for industry, while maintaining strong environmental and compliance safeguards.
Minister for Mining and Energy Gerard Maley said the reforms were about creating a more efficient system that supports investment, strengthens industry confidence and helps rebuild the Territory economy.
"The mining and resources sector is critical to the Territory economy, and these reforms ensure our regulatory framework is modern, efficient and fit for purpose," Mr Maley said.
Under the reforms, the initial renewal period for exploration licences will increase from two years to six years, while the requirement to progressively reduce the size of exploration licences during the initial grant period will also be removed.
Importantly, the CLP Government has confirmed recreational fossicking will remain free in the Northern Territory following consultation with the community.
"Fossicking is part of the Territory lifestyle and a popular activity enjoyed by locals and visitors alike," Mr Maley said.
"We've listened to community feedback and made the decision to keep recreational fossicking free of charge.
"Unlike other jurisdictions across Australia, the Territory will continue to support this unique outdoor experience for all generations to enjoy."
The Bill also includes changes to improve operational flexibility for the extractive industry, including allowing the removal, processing and storage of material between extractive mineral titles.
"These practical reforms will help industry operate more efficiently and support the continued supply of essential construction and infrastructure materials needed to build the Territory," Mr Maley said.
Complementary amendments to the Environment Protection Act 2019 are also included to improve integration between environmental licensing and mineral titles administration.
The Mineral Titles Act remains a cornerstone of the Territory's mining industry, regulating mineral tenure across the Northern Territory and supporting the exploration, extraction and processing of minerals and extractive materials.
The reforms form part of the Finocchiaro CLP Government's commitment to reducing red tape, backing industry and rebuilding the Territory economy.