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Wednesday, May 15, 2024

Indonesia raises export taxes on key minerals

Jakarta continues its drive to add value through processing at home

Trucks operate in the Grasberg open-pit copper and gold mine complex of PT Freeport near Timika, in the eastern region of Papua, Indonesia. (Photo Antara Foto via Reuters)

JAKARTA: Indonesia’s export tax rates for copper, iron, zinc and lead concentrates are being increased as the government tries to push miners to process metals at home rather than…

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