Victoria's mining legislation continues to be strengthened, ensuring the state's most complex mine sites operate with robust safeguards from the start of extraction through to long after production stops.
The Mineral Resources (Sustainable Development) Amendment (Financial Assurance) Bill 2026 passed the Victorian Parliament last night.
Trailing Liability provisions are now in place to ensure current operators remain responsible for the land where Victoria's biggest risk mines are located, long into the future and after rehabilitation is complete.
The new provisions ensure entities that profit from operations at our most complex mine sites, and potentially their directors, deliver site rehabilitation and cover costs if further issues arise long after mining has stopped.
This helps protect the state from this liability and means future taxpayers will not have to pick up the bill.
These provisions do not add new rehabilitation obligations to Declared Mine licensees but help make sure existing ones are adhered to in the long term.
