Critical Mineral Royalty Rates Revised: How the Change Impacts Auctions, EV Makers and Import Dependence
Critical Mineral Royalty Rates Revised: In a push to accelerate India’s critical minerals strategy, the Union Cabinet has rationalised royalty rates for graphite, caesium, rubidium and zirconium, aligning them to Average Sale Price (ASP) so bidders can price risk more transparently and states can move ahead with auctions. The official release spells out mineral-wise rates…