Overview
- New rates set at 2% of Average Sale Price for graphite with at least 80% fixed carbon and 4% for lower grades, 1% for zirconium, and 2% for caesium and rubidium.
- Graphite royalty moves from a rupees‑per‑tonne formula in place since 2014 to an ad valorem basis to reflect wide grade‑based price differences.
- The Cabinet says the change will enable Sixth Tranche auctions, including five graphite blocks, two rubidium blocks, and one each of caesium and zirconium.
- Officials frame the policy as a way to reduce import dependence—India imports about 60% of its graphite needs—strengthen supply chains, and support jobs.
- Coverage notes the move comes as China tightens exports of critical minerals, with the government highlighting the need for resilient domestic sources.