Utah Admin. Code R652-21-1002 - Final Lithium Royalty Rate and Variable Adjustments
(1) After applying an applicable Royalty Rate
Deduction and verifying an Operator's qualifications for a Royalty Rate
Deduction, a Final Royalty Rate shall be provided to the Operator in an
Operations Royalty Agreement executed with the division.
(2) An Operations Royalty Agreement is
required before the production, processing, and sale of any Great Salt Lake
Element or Mineral.
(3) A Final
Royalty Rate is further subject to the Variable-Rate Royalty Schedule provided
in Section R652-21-1006.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.