Saskatchewan has introduced a new royalty framework for lithium production, marking a major step toward supporting the province’s growing role in Canada’s critical minerals sector. The amendments to 2017 subsurface mineral royalty regulations formally establish a 3 percent Crown royalty on the value of brine mineral sales, coupled with a two year holiday for new productive capacity. Provincial officials said the change aligns Saskatchewan’s royalties for lithium with those already applied to potash, salt and sodium sulfate, and keeps the province competitive with leading jurisdictions worldwide. “Lithium is a critical mineral that is expected to see strong demand and growth in the decades ahead, and Saskatchewan is well-positioned to take advantage of this opportunity,” Energy and Resources Minister Colleen Young said. “By putting this royalty framework in place now, we are providing certainty for industry, while ensuring the people of Saskatchewan benefit as this sector develops,” Young added. Industry participants…
