Union Cabinet Approved Royalty Rates For Rare Minerals
In an announcement made on Wednesday, the Union Cabinet approved royalty rates for some critical and strategic minerals. This decision comes after Minister of Mines, Vivek Bharadwaj announced that India will be auctioning some critical mineral mines. The royalty for Lithium, Rare Earth Elements (REE) and Niobium are 3%, 1% and 3% respectively. In August,…
Chandan Kumar