"The Trump administration is proposing a rule to make it easier for mineral mining companies to lower their royalty rates and cut fees.

The rule submitted by the Bureau of Land Management (BLM) on Wednesday aims to “streamline” the regulations placed on nonenergy U.S. mineral development and make those companies more competitive.

The proposal argues that “existing regulatory requirements are overly restrictive, inflexible, and burdensome” and that the Interior secretary has the power to reduce ongoing royalty rates, rental fees and minimum production requirements to promote development."

Miranda Green reports for The Hill October 9, 2019. [2]