Indonesia to issue nickel export tax rules in Q3
Mining News Pro - Indonesia plans to issue a nickel export tax policy in the third quarter of the year, as authorities seek to boost revenue from exports while encouraging more domestic production of higher-value products, a senior official said on Monday.
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Visit: 778
ChromeSA says imposition of export tax would be high risk
Mining News Pro - The imposition of a tax on the export of chrome ore would be high risk and the gain from such an intervention would likely be eroded fairly quickly by the high cost of electricity, which is the real problem.
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Visit: 484
Russia prepares to hit metals firms with $2.3bn in export taxes
Mining News Pro - Russia is preparing new export taxes for steel products, nickel, aluminium and copper which will cost their producers $2.3 billion between Aug. 1 and Dec. 31, its officials told a government meeting on Thursday.
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Visit: 417
Chrome export tax a positive step, special electricity dispensation now needed
Mining News Pro - The imposition of a tax on the export of chrome ore is a positive step, but to enable South Africa’s once-dominant ferrochrome industry to compete successfully once again, electricity prices should be made affordable by way of special dispensation, says mining stalwart Steve Phiri, who was speaking in his personal capacity and not representing the views of Minerals Council South Africa, of which he is vice president.
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Visit: 777
Up to 30% of chrome ore exports to China can be displaced if export tax proceeds
Mining News Pro - Further to a statement released earlier this week, chrome producer organisation ChromeSA has explained the evidential rationale behind its dismay at Cabinet’s proposed export tax on chrome ore.
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Visit: 1062
Cabinet approves export tax on chrome ore
Mining News Pro - South Africa, the world`s biggest chrome producer, has approved measures to support the domestic ferrochrome industry including through an export tax on chrome ore, according to a Cabinet statement on Thursday.
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Visit: 947
Zambia drops 15% export tax on gemstones
Mining News Pro - Zambia will suspend a 15% export tax on gemstones, excluding diamonds, from Jan. 1 next year as the levy, aimed at raising more revenues ended up affecting the country’s output.
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Visit: 837
China Increases Export Tax Rebates on Stainless Steel and Steel Pipes
Mining News Pro - China has announced its decision to increase tax rebates for 397 products including steel to electronics in its move to boost export shipments amid its trade war with U.S.
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Visit: 1266
India imposes 20% export tax on graphite electrodes again
Mining News Agency -In order to cooperate with the Indian government`s "Made in India" policy, the authority has imposed 20% export tax on graphite electrodes to improve the domestic supply situation.
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Visit: 1466
China to cancel steel products export tax in 2018
Mining News Agency- China is removing export taxes on steel products from 1 January 2018, the Tariff Department of the Ministry of Finance announced on 15 December. China charges 10%-15% export tax on some finished steel products including steel bars, coils and wire rods.
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Visit: 966