Indonesia sets export ore quotas, base prices

Jun 04, 2012 | 07:25 AM |

Indonesia has set ore export quota for June to August for at least forty registered exporters, government sources told Metal Bulletin.

“We have sent letters containing their export quota for the next three months to all miners that have been certified to export,” an official at the energy and resources ministry.
The government also today set the base prices it will use to calculate the new 20% export tax. Both the export quotas and the base prices will be revised every three months, the official said.....

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