Cabinet approves amendment to MMDR Act for royalty on 12 critical and strategic minerals
"The Union Cabinet... Approved the amendment of Second Schedule to the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) for specifying rate of royalty in respect of 12 critical and strategic minerals," the statement said.
The 12 critical and strategic minerals are beryllium, cadmium, cobalt, gallium, indium, rhenium, selenium, tantalum, tellurium, titanium, tungsten, and vanadium, it said. Image Courtesy: Reuters.