SASKATCHEWAN GOVERNMENT SETS LITHIUM PRODUCTION ROYALTY RATE AT 3%

Saskatchewan has established a 3% provincial royalty rate for lithium production following the approval of amendments to The Subsurface Mineral Royalty Regulations, 2017 on September 24, 2025. EMP Metals Corp. announced this regulatory development, which represents a significant milestone in providing fiscal certainty for lithium development in Canada's prairie province.

The establishment of a specific lithium royalty rate reflects Saskatchewan's growing importance in the critical minerals sector and its efforts to attract investment in lithium production. With the province sitting atop substantial lithium brine resources, particularly in the southeastern region, clear royalty frameworks are essential for project economics and investment decisions.

This regulatory clarity comes at a crucial time as global demand for lithium continues to surge driven by electric vehicle adoption and energy storage requirements. A 3% royalty rate positions Saskatchewan competitively within the global lithium landscape while ensuring the province captures appropriate value from its mineral resources.

For companies like EMP Metals and other lithium developers in Saskatchewan, this announcement provides the fiscal certainty needed to advance project development and attract capital. The regulatory framework should help accelerate lithium production timelines and strengthen Saskatchewan's position as a key North American lithium jurisdiction.