Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession (Amendment) Rules, 2026

Jan 13, 2026 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Industry Specific ComplianceThe Ministry of Mines (MoM), on January 13, 2026, issued the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession (Amendment) Rules, 2026, to further amend the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016.

The following has been stated, namely:-

• In rule 45, sub-rule (7), for the words “, Zirconium and Caesium in”, the words shall be substituted with:- “and Zirconium in”. 

• In rule 45, sub-rule (7), for the words “, Zirconium sponge and Caesium metal”, the words shall be substituted with:- “and Zirconium sponge”.

• After sub-rule (11), the following sub-rule shall be inserted, namely:—“(12) The Indian Bureau of Mines shall publish average sale price of Caesium in Indian Rupees on the basis of prices published by the United States Geological Survey or other reputed publications for Caesium Carbonate for the latest available calendar year by multiplying such price with the following, namely:—

(a) average reference rate of Reserve Bank of India for the said calendar year; and

(b) the conversion factor of 1.23.”.

[Notification no: G.S.R. 22(E)]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT