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MINERAL ROYALTIES ACT 2024 (NO 12 OF 2024) - SCHEDULE 1

Schedule 1     Royalty rates

section 13 (1)

Mineral

Royalty rate

Alumina

3.5%

Aluminium

2.5%

Bauxite

7.5%

Chromite (concentrate)

5.0%

Coal

7.5%

Cobalt (concentrate)

5.0%

Cobalt (metal)

2.5%

Copper (crushed or screened material)

7.5%

Copper (concentrate)

5.0%

Copper (metal)

2.5%

Diamond

5.0%

Feldspar

5.0%

Ferrovanadium

2.5%

Garnet

5.0%

Gems and precious stones

7.5%

Gold (nuggets)

7.5%

Gold (gravity recovery)

5.0%

Gold (doré)

3.5%

Graphite (flake concentrate)

5.0%

Graphite (spherical)

3.5%

Ilmenite

5.0%

Iron ore (crushed or screened material)

7.5%

Iron ore (beneficiated)

5.0%

Iron ore (magnetite)

5.0%

Kaolin

5.0%

Lead (concentrate)

5.0%

Lead (metal)

2.5%

Leucoxene

5.0%

Limestone

7.5%

Lithium (crushed or screened material)

7.5%

Lithium (concentrate)

5.0%

Lithium (hydroxide and carbonate)

3.5%

Magnesium (crushed or screened material)

7.5%

Magnesium (concentrate)

5.0%

Magnesium (calcined magnesia)

3.5%

Magnesium (metal)

2.5%

Manganese (crushed or screened material)

7.5%

Manganese (beneficiated)

5.0%

Molybdenum (concentrate)

5.0%

Molybdenum (metal)

2.5%

Nickel (crushed or screened material)

7.5%

Nickel (concentrate)

5.0%

Nickel (metal)

2.5%

Ochre

5.0%

Platinoids (metal)

2.5%

Phosphate (crushed or screened material)

7.5%

Phosphate (concentrate)

5.0%

Phosphoric acid

3.5%

Quicklime

3.5%

Rare earths (concentrate)

5.0%

Rare earths (oxide)

2.5%

Rare earths (metal)

2.5%

Rutile

5.0%

Salt

2.5%

Semi-precious stones (including specimen stones)

7.5%

Silicon (metal)

2.5%

Silver (concentrate)

5.0%

Silver (doré)

3.5%

Silver (metal)

2.5%

Spongolite

5.0%

Tantalum (concentrate)

5.0%

Titanium (slag or dioxide)

3.5%

Titanium (metal)

2.5%

Tungsten (concentrate)

5.0%

Tungsten (metal)

2.5%

Tin (concentrate)

5.0%

Tin (metal)

2.5%

Vanadium (concentrate)

5.0%

Vanadium (pentoxide)

3.5%

Zinc (concentrate)

5.0%

Zinc (metal)

2.5%

Zircon

5.0%



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