Cement News tagged under: royalty rate
Punjab increases limestone royalty rate06 August 2024, Published under Cement NewsTo increase revenue from the mining sector, the government of Punjab, Pakistan, has announced an increase in the royalty rate on limestone to six per cent of the ex-factory sales price of cement or clinker. This represents a change from the previous fixed rate of PKR250 (US$0.90)/t. As a result, the cost of limestone per bag of cement is expected to increase to PKR55 from PKR19/bag currently. Research house AKD Securities anticipates that the cost increase will be passed onto consumers, ... |
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