Saskatchewan Defines Royalty Structure to Prepare for Lithium Development

Saskatchewan Defines Royalty Structure to Prepare for Lithium Development - Kindersley Social - Local Update, Sports, Events and more

The Government of Saskatchewan is supporting the development of the province’s emerging lithium industry with the introduction of regulatory amendments to set a clear and consistent royalty framework for lithium and other minerals produced from natural brine aquifers. These amendments to The Subsurface Mineral Royalty Regulations, 2017 will provide certainty for resource companies looking to develop or invest in lithium projects in Saskatchewan.…

Lithium in SK, Part 39: Province defines lithium royalty structure, based on potash, not oil

Minister of Energy and Resources Colleen Young. Photo by Brian Zinchuk REGINA – One of the big questions around the development of a new lithium industry in Saskatchewan is just what will be the royalty structure? Will it be based on oil and gas extraction, or potash? How much will it be, which is a huge factor in the economics for any project planned for Saskatchewan. That’s doubly important given lithium prices are currently in the dumps, maki…

Saskatchewan Defines Royalty Structure to Prepare for Lithium Development

The Government of Saskatchewan is supporting the development of the province's emerging lithium industry with the introduction of regulatory amendments to set a clear and consistent royalty...