Exhibit 2.01
 
Resource Extraction Payment Report for Minerals Technologies Inc.
 
For the fiscal year ended December 31, 2024
 
Project-level disclosure
 
The table below sets forth our payments made to governments, by project and type of payment.
 
                         
    For the year ended December 31, 2024
    (Thousands of US$)(1)
Project
  Taxes  
Royalties
Fees Productio
entitlements 		Bonuses Dividends Payments for Infrastructure improvements Communit
and socia
responsibilit
payments 		  TOTAL
United States
                       
U.S. Federal Government
  20,819  (2) – – – – – – –   20,819
Adams
  –   – – – – – – –   –
Canaan
  –   – – – – – – –   –
Lucerne Valley
  –   – 69 – – – – –   69
Pima County
  –   – 10 – – – – –   10
Barretts
  –   – – – – – – –   –
Colony - Montana
  –   – 176 – – – – –   176
Colony - South Dakota
  –   – 66 – – – – –   66
Colony - Wyoming
  –   – 138 – – – – –   138
Lovell - Montana
  –   – 99 – – – – –   99
Lovell - Wyoming
  –   – 393 – – – – –   393
Nevada
  –   – 41 – – – – –   41
Sandy Ridge
  –   – – – – – – –   –
Gascoyne
  –   – – – – – – –   –
China
                       
Government of China
  5,816  (3) – – – – – – –   5,816
Chao Yang
  946  (4) – – – – – – 1   947
Slovakia
                       
Lutila
  147  (5) 54 22 – – – – –   223
Turkey
                       
Government of Turkey
  3,693  (6) – – – – – – –   3,693
Unye
  –   142 206 – – – – –   348
Enez
  –   22 197 – – – – –   219
Usak
  –   – 68 – – – – –   68
Australia
                       
Gurulmundi
  233  (7) 49 9 – – – – –   291
 
(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, 2024.
(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, 2024 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, 2024 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, 2024 at the entity level to the Government of the Slovak Republic relating to the entities holding the Lutila project, netted against refunds received.  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, 2024 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, 2024 at the entity level to the Government of Australia relating to the entity holding the Gurulmundi project, netted against refunds received.  The payments relate to the income of such entity, not to the particular project.
 
 
 
1
 
 
 
Exhibit 2.01
 
Project Detail
 
The table below sets forth details of payments made to governments.
 
           
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
20,819
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
69
Pima County
 
Arizona
 
Consumer & Specialties
 
Limestone
 
Open Pit
U.S. Federal Government
10
Barretts
 
Montana
 
Consumer & Specialties
 
Talc
 
Open Pit
–
–
Colony – Montana(3)
 
Montana
 
Both
 
Bentonite
 
Open Pit
U.S. Federal Government
176
Colony – South Dakota(3)
 
South Dakota
 
Both
 
Bentonite
 
Open Pit
U.S. Federal Government
66
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
99
Lovell – Wyoming(4)
 
Wyoming
 
Both
 
Bentonite
 
Open Pit
U.S. Federal Government
393
Nevada
 
Nevada
 
Both
 
Bentonite
 
Open Pit
U.S. Federal Government
41
Sandy Ridge
 
Alabama
 
Both
 
Bentonite
 
Open Pit
–
–
Gascoyne
 
North Dakota
 
Both
 
Leonardite
 
Open Pit
–
–
China
                   
Government of China(5)
               
Government of China
5,816
Chao Yang
 
Liaoning
 
Both
 
Bentonite
 
Open Pit
Jianping Tax Authority
947
Slovakia
                   
Lutila(6)
 
Banska Bystrica
 
Consumer & Specialties
 
Bentonite
 
Open Pit
Government of the Slovak Republic
223
Turkey
                   
Government of Turkey(7)
               
Government of Turkey
3,693
Unye
 
Ordu
 
Consumer & Specialties
 
Bentonite
 
Open Pit
Government of Turkey
348
Enez
 
Edirne
 
Both
 
Bentonite
 
Open Pit
Government of Turkey
219
Usak
 
Usak
 
Consumer & Specialties
 
Bentonite
 
Open Pit
Government of Turkey
68
Australia
                   
Gurulmundi(8)
 
Queensland
 
Both
 
Bentonite
 
Open Pit
Australia Federal Government
233
Gurulmundi
 
Queensland
 
Both
 
Bentonite
 
Open Pit
Queensland State Government
58
 
(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, 2024.
(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, 2024 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, 2024 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, 2024 at the entity level to the Government of the Slovak Republic relating to the entities holding the Lutila project, netted against refunds received.  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, 2024 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, 2024 at the entity level to the Government of Australia relating to the entity holding the Gurulmundi project, netted against refunds received.  The payments relate to the income of such entity, not to the particular project.
 
 
 
2
 
 
 
Exhibit 2.01
 
Government-level disclosure
 
The table below sets forth our payments made to governments, by government and type of payment.
 
                         
    For the year ended December 31, 2024
    (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)
  20,819 – 992 – – – – –   21,811  
China
                       
Government of China(3)
  5,816 – – – – – – –   5,816  
Jianping Tax Authority
  946 – – – – – – 1   947  
Slovakia
                       
Government of the Slovak Republic(4)
  147 54 22 – – – – –   223  
Turkey
                       
Government of Turkey(5)
  3,693 164 471 – – – – –   4,328  
Australia
                       
Australia Federal Government(6)
  233 – – – – – – –   233  
Queensland State Government
  – 49 9 – – – – –   58  
TOTAL
  31,654 267 1,494 – – – – 1   33,416  
 
(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, 2024.
(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, 2024 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, 2024 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, 2024 at the entity level to the Government of the Slovak Republic relating to the entities holding the Lutila project, netted against refunds received.  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, 2024 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, 2024 at the entity level to the Government of Australia relating to the entity holding the Gurulmundi project, netted against refunds received.  The payments relate to the income of such entity, not to the particular project.