Page 6 - Rare Earth Elements News Today

With this, the exercise of rationalising royalty rates for all 24 critical and strategic minerals is complete, an official statement said. The centre had notified the royalty rate of four critical minerals - Glauconite, Potash, Molybdenum and Platinum Group of Minerals - on in March 2022. Royalty rates for Lithium, Niobium and Rare Earth Elements was approved during October 2023.

Narendra Modi: This decision encompasses minerals such as Beryllium, Cadmium, Cobalt, Gallium, and several others that are pivotal for the nations strategic sectors including defense, electronics, and renewable energy.

The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the amendment of Second Schedule to the Mines and Minerals (Development and Regulation) Act, 1957 ('MMDR Act') for specifying rate of royalty in respect of 12 critical and strate

A snapshot of the stocks on the move, featuring Nyrada Inc (ASX:NYR), Bastion Minerals (ASX:BMO) and Global Oil & Gas Ltd (ASX:GLV).

To protect its citizens against threats posed by adversaries like Russia and China, the US must reexamine the resilience of its own infrastructure.

HIGHLIGHTS: Pre-tax net present value of $1.04 billion and Internal Rate of Return of 32% and an after-tax NPV of $602 million and an IRR of 24% at an 8% discount rate and assuming a long-term...

Real-Time News, Market Data and Stock Quotes For Junior Mining Stocks.

The West Virginia House of Delegates approved a bill that would limit property tax on manufacturing of minerals deemed by the United States Department of Energy essential to energy technology but prone to supply chain disruption. House Bill 4971 would cap the value of property tax assessments of critical materials manufacturing equipment.

If managed wisely, the discovery at Halleck Creek will make the US the world’s indispensable mineral supplier.

The West Virginia House of Delegates Finance Committee approved a bill, House Bill 4971, which would limit property tax on critical materials, a designation for minerals the United States Department of Energy has deemed essential to energy technology but prone to supply chain disruption. HB 4971 would provide that property tax assessments of critical materials manufacturing equipment would be its salvage value, defined as up to 5% of its fair market value.