Utah Admin. Code R652-21-1006 - Lithium Variable-Rate Royalty Schedule
(1) The Final Royalty Rate shall be a
Variable-Rate Royalty.
(2) A
Variable-Rate Royalty applicable to Lithium Carbonate, Lithium Sulfate, or
Lithium Hydroxide shall be adjusted quarterly.
(3) The Variable-Rate Royalty Schedule is as
follows:
|
TABLE Final Royalty Rate |
||
|
Average Sale Price |
Base Rate |
Non-Evaporative Rate |
|
< $20,000 |
5.0% |
2.5% |
|
$20,000 - $35,000 |
7.5% |
5.0% |
|
$35,001 - $45,000 |
12.5% |
10.0% |
|
$45,001 - $55,000 |
17.5% |
15.0% |
|
$55,001 - $65,000 |
22.5% |
20.0% |
|
> $65,000 |
27.5% |
25.0% |
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.