Biden plan would overhaul 151-year-old mining law, make companies pay royalties for copper and gold

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

WASHINGTON (AP) — The Biden administration is recommending changes to a 151-year-old law that governs mining for copper, gold and other hardrock minerals on U.S.-owned lands, including making companies for the first time pay royalties on what they extract. A plan led by the Interior Department also calls for the creation of a mine leasing system and coordination of permitting efforts among a range of federal agencies. This comes as The White House has been pushing to boost domestic mining for mi

The White House plan would impose a variable 4% to 8% net royalty on hardrock minerals produced on federal lands. The proposal needs approval by Congress — unlikely when the House is controlled by Republicans who have long opposed such fees.

The U.S. stands out among other countries, such as Australia, Canada and Chile, that collect royalties on minerals. At least a dozen Western states also collect royalties on hardrock mining. Tribes and environmental groups welcomed the report but urged President Joe Biden to go further to protect. The White House formed the working group last year as Biden pledged to boost production of lithium, nickel and other minerals used to power electric vehicles and other clean energy.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 47. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

US, Vietnam firms hold business summit during Biden visit; AI deals unveiledBy Phuong Nguyen and Francesco Guarascio HANOI (Reuters) - Executives at top U.S. and Vietnamese firms in the semiconductor, tech and aviation sectors ...
출처: SaltWire Network - 🏆 45. / 63 더 많은 것을 읽으십시오 »

US, Vietnam firms hold business summit during Biden visit; AI deals unveiledExecutives at top U.S. and Vietnamese firms in the semiconductor, tech and aviation sectors are meeting on Monday as part of U.S. President Joe Biden's visit to Hanoi, seeking to forge business partnerships with new deals in AI unveiled. Senior executives from Google, Intel, Amkor, Marvell, GlobalFoundries and Boeing are attending the Vietnam-U.S. Innovation & Investment Summit, according to a draft agenda that confirms a Reuters report. From Vietnam, there are executives from half a dozen companies, including Nasdaq-listed electric car maker VinFast, flag carrier Vietnam Airlines, tech company FPT, MoMo, the country's biggest e-wallet by users, as well as internet firm VNG, which filed in August for a U.S. IPO.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »