Indonesia’s mineral ore export tax ‘not confirmed’

Apr 04, 2012 | 03:57 AM |

Indonesia has not confirmed when or how much it will tax mineral ore exports ahead of the proposed ban in 2014, government officials told Metal Bulletin on Wednesday April 4. “We do plan to impose taxes on ores to prevent miners [from mining excessively] before the 2014 ban,” Budi Irmawan, the industry ministry’s director for metal, textile and miscellaneous industries, told Metal Bulletin. “But the plan is still in the early stages. We haven’t decided when or how much tax to impose,” he said. “We will continue monitoring the export data closely to....





Latest Pricing Trends

Poll

What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


View previous results

AMM Events