Sec. 404. Hardrock mineral licensing

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The Outer Continental Shelf Lands Act ( 43 U.S.C. 1331 et seq. ) is amended by adding at the end the following: The Secretary may grant noncompetitive licenses for the exploration and mining of hardrock minerals on the outer Continental Shelf. The royalty rate for hardrock minerals extracted pursuant to a license under subsection

(a)shall be a royalty rate determined by the Secretary through regulations issued not more than 2 years after the date of enactment of the Energy Freedom Act , which may include a royalty rate of 0 percent if the Secretary finds that such a royalty rate is necessary to ensure competition. .

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U.S. Code

Definitions
§ 1331

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Sec. 404

Hardrock mineral licensing

U.S.C.§ 1331

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