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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 nation's 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.