Cabinet approves royalty rates for mining of 12 critical minerals
The government has now decided to specify a reasonable royalty rate of 2-4% on these minerals.
titanium
February 2024
May 2023
India has 11% of global titanium-iron deposits; but imports $1 billion worth titanium di-oxide annually
Indian Bureau of Mines states that about 90% of the world's titanium mineral production is used in the manufacturing of white titanium di-oxide pigment.
