View all text of Subjgrp 187 [§ 3504.20 - § 3504.26]
§ 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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