Indonesian Gov't Allows PT FI to Resume Copper Concentrate Exports Temporarily with Additional Taxes

Published: Feb 21, 2025 17:35

Save

According to foreign media reports, the Indonesian Minister of Energy and Mineral Resources stated that the Indonesian government has agreed to allow PT FI to resume copper concentrate export permits before its smelter in Manyar is fully repaired, while the Indonesian government will impose additional export taxes on PT FI.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

17 mins ago

Spot Premiums Weakened on the Last Trading Day of March [SMM North China Spot Copper]

Today, spot #1 copper cathode in North China was quoted at discounts of 120–60 yuan/mt against the front-month contract, with the average price down 20 yuan/mt from the previous trading day, and the average transaction price up 385 yuan/mt from the previous trading day to 95,565 yuan/mt.

17 mins ago

1 hour ago

Copper Cathode Rod Operating Rates Rebound, Slowing Destocking as Prices Rise【SMM Analysis】

1 hour ago

Recycled Brass Raw Materials Prices Remained Elevated, Cost Pressure on Copper Billet Enterprises Became More Pronounced

[SMM Brass Bar Flash News] As of the week ending March 27, the weekly CIF China quotation for US brass scrap had risen to $7,750/mt. Recycled brass raw materials prices continued to stay high, and overall spot availability in the market remained tight. High raw material costs made brass billet enterprises more cautious in their procurement strategies, with stockpiling willingness weakening significantly.

1 hour ago