Page 12 - Minerals Development News Today

The Central government is likely to amend the Mines and Minerals (Development and Regulation) Act, to fix royalty rates for lithium, niobium and rare earth minerals.According to sources, the Union Cabinet is likely to clear the proposal during its me

The Union Cabinet on Wednesday approved amending the Mines and Minerals (Development and Regulation) Act, to fix royalty rates for Lithium, Niobium and rare earth minerals.The royalty will be 3 per cent each for Lithium and Niobium while for ...

The decision on the royalty rates for the three critical and strategic minerals was taken by the Union Cabinet chaired by Prime Minister Narendra Modi, says official

The auction rate for lithium has been decided at 3% of London Metal Exchange price, Niobium's at 3% of average sale price, and that of rare earth elements at 1% of average sale price of rare-earth oxide

New Delhi, October 11 (IANS): The Union Cabinet on Wednesday approved amending the Mines and Minerals (Development and Regulation) Act, to fix royalty rates for Lithium, Niobium and rare earth minerals.

New Delhi: The Centre on Wednesday said it has approved royalty rates of 3 per cent each for lithium and niobium and 1 per cent for Rare Earth Elements (REEs). The decision on the royalty rates for the three critical and strategic minerals was taken by the Union Cabinet chaired by Prime Minister Narendra Modi, according to an official statement. The royalty

The royalty rates were brought in since unless specifically provided these minerals would have been subject to a higher 12 percent rate of the average sale price

India News: The Indian government has approved royalty rates for mining lithium, niobium, and rare earth elements (REE). The move aims to unlock domestic potentia

New Delhi: The government has approved royalty rates for mining of three critical and strategic minerals- Lithium, Niobium, and Rare Earth Elements (REEs). This will enable the Central Government to auction blocks for Lithium, Niobium, and REEs for t

Leading experts deliberate energy sector at the inaugural Gulf Business Summit, organised by Gulf Leaders Circle