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{"id":49291,"date":"2023-10-11T16:53:59","date_gmt":"2023-10-11T11:23:59","guid":{"rendered":"https:\/\/presskitaquat.com\/english\/?p=49291"},"modified":"2023-10-11T16:53:59","modified_gmt":"2023-10-11T11:23:59","slug":"cabinet-approves-royalty-rates-for-lithium-two-other-strategic-minerals","status":"publish","type":"post","link":"https:\/\/ozinews.in\/english\/cabinet-approves-royalty-rates-for-lithium-two-other-strategic-minerals\/","title":{"rendered":"Cabinet approves royalty rates for lithium, two other strategic minerals"},"content":{"rendered":"

New Delhi, October 11 (Press Ki Taquat)<\/p>\n

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).<\/p>\n

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.<\/p>\n

The royalty rate approval by the Cabinet will enable the Centre to auction lithium, niobium and REEs blocks for the first time in the country, it said.<\/p>\n

\u201cThe Union Cabinet… approved amendment of Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) for specifying rate of royalty in respect of 3 critical and strategic minerals, namely, lithium, niobium and Rare Earth Elements,\u201d the Ministry of Mines said in a statement.<\/p>\n

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New Delhi, October 11 (Press Ki Taquat) 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 […]<\/p>\n","protected":false},"author":1,"featured_media":49292,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"footnotes":""},"categories":[9852,14176,1865,16185],"tags":[24170,25771,25661,25662,25773,25768,19877,5050,19755,25770,19754,25772,1849,25767,24305,25769,14962,7087,19746,19747,5285],"class_list":["post-49291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking","category-cover-story","category-delhi","category-national","tag-modi","tag-modi-in-usa","tag-modi-live","tag-modi-live-news","tag-modi-rajkot","tag-modi-speech","tag-modi-speech-today","tag-narendra-modi","tag-narendra-modi-latest-speech-2022","tag-narendra-modi-latest-speech-2023","tag-narendra-modi-live","tag-narendra-modi-rajasthan-rally","tag-pm-modi","tag-pm-modi-latest-speech","tag-pm-modi-speech","tag-pm-modi-speech-latest","tag-pm-modi-speech-today","tag-pm-narendra-modi","tag-pm-narendra-modi-speech","tag-pm-narendra-modi-speech-latest","tag-prime-minister-narendra-modi"],"_links":{"self":[{"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/posts\/49291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/comments?post=49291"}],"version-history":[{"count":1,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/posts\/49291\/revisions"}],"predecessor-version":[{"id":49293,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/posts\/49291\/revisions\/49293"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/media\/49292"}],"wp:attachment":[{"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/media?parent=49291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/categories?post=49291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/tags?post=49291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}