| For the year ended December 31, 2023 | ||||||||||||
(Thousands of US$)(1) | ||||||||||||
| Project | Taxes | Royalties | Fees | Production entitlements | Bonuses | Dividends | Payments for infrastructure improvements | Community and social responsibility payments | TOTAL | |||
| United States | ||||||||||||
U.S. Federal Government | 17,598 | (2) | – | – | – | – | – | – | – | 17,598 | ||
Adams | – | – | – | – | – | – | – | – | – | |||
Canaan | – | – | – | – | – | – | – | – | – | |||
Lucerne Valley | – | – | 65 | – | – | – | – | – | 65 | |||
Pima County | – | – | 8 | – | – | – | – | – | 8 | |||
Barretts | – | – | 21 | – | – | – | – | – | 21 | |||
Colony - Montana | – | – | 110 | – | – | – | – | – | 110 | |||
Colony - South Dakota | – | – | 54 | – | – | – | – | – | 54 | |||
Colony - Wyoming | – | – | 138 | – | – | – | – | – | 138 | |||
Lovell - Montana | – | – | 81 | – | – | – | – | – | 81 | |||
Lovell - Wyoming | – | – | 295 | – | – | – | – | – | 295 | |||
Nevada | – | – | 34 | – | – | – | – | – | 34 | |||
Sandy Ridge | – | – | – | – | – | – | – | – | – | |||
Gascoyne | – | – | – | – | – | – | – | – | – | |||
| China | ||||||||||||
Government of China | 5,936 | (3) | – | – | – | – | – | – | – | 5,936 | ||
Chao Yang | 1,221 | (4) | 1 | 152 | – | – | – | – | 1 | 1,375 | ||
| Slovakia | ||||||||||||
Lutila | 50 | (5) | 55 | 24 | – | – | – | – | – | 129 | ||
| Turkey | ||||||||||||
Government of Turkey | 2,558 | (6) | – | – | – | – | – | – | – | 2,558 | ||
Unye | – | 42 | 152 | – | – | – | – | – | 194 | |||
Enez | – | – | 187 | – | – | – | – | – | 187 | |||
Usak | – | – | 40 | – | – | – | – | – | 40 | |||
| Australia | ||||||||||||
Gurulmundi | 150 | (7) | 46 | 9 | – | – | – | – | – | 205 | ||
| (1) | All payments are reported in U.S. dollars. Payments relating to the project in China were made in renminbi, payments relating to the project in Slovakia were made in euros, payments relating to the projects in Turkey were made in Turkish lira, and payments relating to the project in Australia were made in Australian dollars. Such payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rates as of December 31, 2023. |
| (2) | The Company files a consolidated U.S. federal corporate income tax return at the parent entity level for itself and its U.S. subsidiaries, which includes all of its U.S. entities including those holding the U.S. projects listed. The tax payments reported are the payments made by the Company to the U.S. federal government during the fiscal year ended December 31, 2023 at the consolidated group level. The tax payments relate to the consolidated U.S. income of the Company, not to particular projects. |
| (3) | Represents income and withholding taxes paid during the fiscal year ended December 31, 2023 at the entity level to the Government of China relating to the entity holding the Chao Yang project. The payments relate to the income of such entity, not to the particular project. |
| (4) | Represents resource taxes paid to the Jianping tax authority relating to the Chao Yang project. |
| (5) | Represents income taxes paid during the fiscal year ended December 31, 2023 at the entity level to the Government of the Slovak Republic relating to the entities holding the Lutila project. The payments relate to the income of such entities, not to the particular project. |
| (6) | Represents income taxes paid during the fiscal year ended December 31, 2023 at the entity level to the Government of Turkey relating to the entities holding the Unye, Enez, and Usak projects. The payments relate to the income of such entities, not to the particular projects. |
| (7) | Represents income and withholding taxes paid during the fiscal year ended December 31, 2023 at the entity level to the Government of Australia relating to the entity holding the Gurulmundi project. The payments relate to the income of such entity, not to the particular project. |
| Project | Major Subnational Political Jurisdiction | Segment | Resource | Extraction Method | Government | Amount (Thousands of US$)(1) | ||||
| United States | ||||||||||
U.S. Federal Government(2) | U.S. Federal Government | 17,598 | ||||||||
Adams | Massachusetts | Consumer & Specialties | Limestone | Open Pit | – | – | ||||
Canaan | Connecticut | Consumer & Specialties | Limestone | Open Pit | – | – | ||||
Lucerne Valley | California | Consumer & Specialties | Limestone | Open Pit | U.S. Federal Government | 65 | ||||
Pima County | Arizona | Consumer & Specialties | Limestone | Open Pit | U.S. Federal Government | 8 | ||||
Barretts | Montana | Consumer & Specialties | Talc | Open Pit | U.S. Federal Government | 21 | ||||
Colony – Montana(3) | Montana | Both | Bentonite | Open Pit | U.S. Federal Government | 110 | ||||
Colony – South Dakota(3) | South Dakota | Both | Bentonite | Open Pit | U.S. Federal Government | 54 | ||||
Colony – Wyoming(3) | Wyoming | Both | Bentonite | Open Pit | U.S. Federal Government | 138 | ||||
Lovell – Montana(4) | Montana | Both | Bentonite | Open Pit | U.S. Federal Government | 81 | ||||
Lovell – Wyoming(4) | Wyoming | Both | Bentonite | Open Pit | U.S. Federal Government | 295 | ||||
Nevada | Nevada | Both | Bentonite | Open Pit | U.S. Federal Government | 34 | ||||
Sandy Ridge | Alabama | Both | Bentonite | Open Pit | – | – | ||||
Gascoyne | North Dakota | Both | Leonardite | Open Pit | – | – | ||||
| China | ||||||||||
Government of China(5) | Government of China | 5,936 | ||||||||
Chao Yang | Liaoning | Both | Bentonite | Open Pit | Jianping Tax Authority | 1,375 | ||||
| Slovakia | ||||||||||
Lutila(6) | Banska Bystrica | Consumer & Specialties | Bentonite | Open Pit | Government of the Slovak Republic | 129 | ||||
| Turkey | ||||||||||
Government of Turkey(7) | Government of Turkey | 2,558 | ||||||||
Unye | Ordu | Consumer & Specialties | Bentonite | Open Pit | Government of Turkey | 194 | ||||
Enez | Edirne | Both | Bentonite | Open Pit | Government of Turkey | 187 | ||||
Usak | Usak | Consumer & Specialties | Bentonite | Open Pit | Government of Turkey | 40 | ||||
| Australia | ||||||||||
Gurulmundi(8) | Queensland | Both | Bentonite | Open Pit | Australia Federal Government | 150 | ||||
Gurulmundi | Queensland | Both | Bentonite | Open Pit | Queensland State Government | 55 |
| (1) | All payments are reported in U.S. dollars. Payments relating to the project in China were made in renminbi, payments relating to the project in Slovakia were made in euros, payments relating to the projects in Turkey were made in Turkish lira, and payments relating to the project in Australia were made in Australian dollars. Such payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rates as of December 31, 2023. |
| (2) | The Company files a consolidated U.S. federal corporate income tax return at the parent entity level for itself and its U.S. subsidiaries, which includes all of its U.S. entities including those holding the U.S. projects listed. The tax payments reported are the payments made by the Company to the U.S. federal government during the fiscal year ended December 31, 2023 at the consolidated group level. The tax payments relate to the consolidated U.S. income of the Company, not to particular projects. |
| (3) | Mining relating to our Colony, Wyoming facility is conducted in Montana, South Dakota, and Wyoming. For purposes of this Report, each of such mining areas is disclosed as a separate project. |
| (4) | Mining relating to our Lovell, Wyoming facility is conducted in Montana and Wyoming. For purposes of this Report, each of such mining areas is disclosed as a separate project. |
| (5) | Represents income and withholding taxes paid during the fiscal year ended December 31, 2023 at the entity level to the Government of China relating to the entity holding the Chao Yang project. The payments relate to the income of such entity, not to the particular project. |
| (6) | Includes income taxes paid during the fiscal year ended December 31, 2023 at the entity level to the Government of the Slovak Republic relating to the entities holding the Lutila project. The payments relate to the income of such entities, not to the particular project. |
| (7) | Represents income taxes paid during the fiscal year ended December 31, 2023 at the entity level to the Government of Turkey relating to the entities holding the Unye, Enez, and Usak projects. The payments relate to the income of such entities, not to the particular projects. |
| (8) | Represents income and withholding taxes paid during the fiscal year ended December 31, 2023 at the entity level to the Government of Australia relating to the entity holding the Gurulmundi project. The payments relate to the income of such entity, not to the particular project. |
| For the year ended December 31, 2023 | ||||||||||||
(Thousands of US$)(1) | ||||||||||||
| Project | Taxes | Royalties | Fees | Production entitlements | Bonuses | Dividends | Payments for infrastructure improvements | Community and social responsibility payments | TOTAL | |||
| United States | ||||||||||||
U.S. Federal Government(2) | 17,598 | – | 806 | – | – | – | – | – | 18,404 | |||
| China | ||||||||||||
Government of China(3) | 5,936 | – | – | – | – | – | – | – | 5,936 | |||
Jianping Tax Authority | 1,221 | 1 | 152 | – | – | – | – | 1 | 1,375 | |||
| Slovakia | ||||||||||||
Government of the Slovak Republic(4) | 50 | 55 | 24 | – | – | – | – | – | 129 | |||
| Turkey | ||||||||||||
Government of Turkey(5) | 2,558 | 42 | 379 | – | – | – | – | – | 2,979 | |||
| Australia | ||||||||||||
Australia Federal Government(6) | 150 | – | – | – | – | – | – | – | 150 | |||
Queensland State Government | – | 46 | 9 | – | – | – | – | – | 55 | |||
| TOTAL | 27,513 | 144 | 1,370 | – | – | – | – | 1 | 29,028 | |||
| (1) | All payments are reported in U.S. dollars. Payments relating to the project in China were made in renminbi, payments relating to the project in Slovakia were made in euros, payments relating to the projects in Turkey were made in Turkish lira, and payments relating to the project in Australia were made in Australian dollars. Such payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rates as of December 31, 2023. |
| (2) | The Company files a consolidated U.S. federal corporate income tax return at the parent entity level for itself and its U.S. subsidiaries, which includes all of its U.S. entities including those holding the U.S. projects listed. The tax payments reported are the payments made by the Company to the U.S. federal government during the fiscal year ended December 31, 2023 at the consolidated group level. The tax payments relate to the consolidated U.S. income of the Company, not to particular projects. |
| (3) | Represents income and withholding taxes paid during the fiscal year ended December 31, 2023 at the entity level to the Government of China relating to the entity holding the Chao Yang project. The payments relate to the income of such entity, not to the particular project. |
| (4) | Includes income taxes paid during the fiscal year ended December 31, 2023 at the entity level to the Government of the Slovak Republic relating to the entities holding the Lutila project. The payments relate to the income of such entities, not to the particular project. |
| (5) | Includes income taxes paid during the fiscal year ended December 31, 2023 at the entity level to the Government of Turkey relating to the entities holding the Unye, Enez, and Usak projects. The payments relate to the income of such entities, not to the particular projects. |
| (6) | Represents income and withholding taxes paid during the fiscal year ended December 31, 2023 at the entity level to the Government of Australia relating to the entity holding the Gurulmundi project. The payments relate to the income of such entity, not to the particular project. |
