Lithium: India sets mining royalties at 3% of LME prices

11 October 2023 | Blog, Commodities, Commodities, Economy, Futured, Highlights

India on Wednesday set mining royalties for three critical minerals, including lithium, critical to its green energy ambitions. Royalties for lithium mining by mining companies will be set at 3% of prevailing prices on the London Metal Exchange (LME). India is exploring ways to secure supplies of lithium, a crucial raw material used to make […]

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