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Centre working on new policy to allow mining of other minerals associated with coal, lignite
Millennium Post Delhi
|October 30, 2024
In case of critical, strategic, and deep-seated associated minerals, reserve price would be 10% of the royalty rate on coal/lignite
NEW DELHI: A new policy is in works to allow coal and lignite producers to extract and sell other associated minerals present in their mines provided they are not precious metals, rare earths or atomic minerals, Coal Ministry officials said on Monday.
Following reports of presence of new minerals in such mines, officials said the Ministry wants changes in the rules under the Mines & Mineral (Development and Regulations) Act (MMDR) and the Coal Mines (Special Provisions) Act to facilitate mining of associated minerals from these coal or lignite mines.
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