43 C.F.R. § 3504.21 What are the minimum royalty rates?
Title 43 - Public Lands: Interior
Title 43: Public Lands: Interior
PART 3500—LEASING OF SOLID MINERALS OTHER THAN COAL AND OIL SHALE
Subpart 3504—Fees, Rental, Royalty and Bonds
Royalties
§ 3504.21 What are the minimum royalty rates?
------------------------------------------------------------------------ Commodity Minimum royalty rate------------------------------------------------------------------------(a) Phosphate................ 5% of gross value of the output of phosphates or phosphate rock and associated or related minerals.(b) Sodium................... 2% of the quantity or gross value of the output of sodium compounds and related products at the point of shipment to market.(c) Potassium................ 2% of the quantity or gross value of the output of potassium compounds and related products at the point of shipment to market.(d) Sulphur.................. 5% of the quantity or gross value of the output of sulphur at the point of shipment to market.(e) Gilsonite................ No minimum royalty rate.(f) Hardrock Minerals........ No minimum royalty rate.(g) Asphalt.................. 25 cents per ton (2,000 pounds) of marketable production.------------------------------------------------------------------------
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