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24 Critical Mineral Blocks Auctioned To Boost Economic Growth
The Business Guardian
|December 29, 2024
The Centre has brought amendments to rationalise the royalty rates and successfully auctioned 24 critical mineral blocks in four tranches, an effort to drive the economic growth, the Ministry of Mines stated in its year-end review-2024.
The Ministry added that the Second Schedule to the MMDR Act, 1957 has been amended to rationalise the royalty rate of 12 critical and strategic minerals, viz., Beryllium, Cadmium, Cobalt, Gallium, Indium, Rhenium, Selenium, Tantalum, Tellurium, Titanium, Tungsten and Vanadium.
This story is from the December 29, 2024 edition of The Business Guardian.
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