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[Cites 0, Cited by 0] [Section 45] [Entire Act]

Union of India - Subsection

Section 45(3) in Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016

(3)The following procedure be used by IBM for publishing the average sale price of Tungsten concentrate:
Average SalePrice = Lowest price of WO3per metric tonne for the month+Highest price of WO3per metric tonne for themonth   x Average of RBI ratesfor the month Reference
           
2
The monthly prices available in Mineral Industry Surveys of USGS shall be taken by the IBM for compiling the average sale price of tungsten concentrate.