Standard Lithium Ltd. press release
Biden Seeks Mining Law Reform to Compel Extraction Firms to Pay Royalties for Gold, Copper
TSXV - TSX Venture Exchange · Lithium · Bromine · Potash · Sodium · Canada
The Biden-Harris administration is seeking mining law reforms that would require mining companies to pay royalties for extracting minerals from U.S.-owned lands. Led by the U.S. Interior Department, the administration is calling for changes to a century-and-a-half-year-old mining law that governs the mining of gold, copper and other hardrock minerals.
These changes include levying royalties on mining companies based on the minerals they extract, a first in the U.S. mining industry; creating a mine leasing system; and...
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