Proposed amendments to Indonesias ban on unprocessed
mineral exports would allow miners with smelters that are under
construction to ship raw materials abroad, a media report
quoted the countrys industry minister as saying.
These mining companies
would be charged a progressive duty on the shipments of
minerals, and the export duty would depend on how close to
completion their projects are, Reuters quoted industry minister
Muhammad Sulaeman Hidayat as saying.
No additional details
on the range of the progressive export duty or method of
calculation were given, the report said.
Last week, Indonesia removed the mineral export quota,
leading many to question whether an export ban slated to take
effect this coming January will go through.
A version of this
article was first published in AMM sister publication Metal