Indian mineral royalty rate rise
Published: Wednesday, 26 August 2009
Government ups mineral royalties to enhance state earnings as output increases
The Indian government has
revised the royalty rate for a number of metals and industrial
minerals, with immediate effect, in order to help mining rich
states to increase earnings.
Meanwhile, India, an important industrial mineral producer
and consumer, eg. of talc, barytes, wollastonite, and
magnesite, is witnessing growth in its...