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salable minerals |
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A legal term that for Federally owned lands, defines mineral commodities
that are sold by sales contract from the Federal Government. These are
generally construction materials and aggregates such as sand, gravel,
cinders, roadbed, and ballast material. The applicable statute is the
Mineral Materials Sale Act of 1947, as amended (30 USC 602-604, 611-615).
SME, 1
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