Jiangxi Abolishes Fees & Funds on Mineral Resources

Published: Sep 13, 2016 15:49
Jiangxi Province works to abolish local fees and funds irregularly imposed on mineral resources, local paper reported

SHANGHAI, Aug. 13 (SMM) - Jiangxi Province works to abolish local fees and funds irregularly imposed on mineral resources, local paper reported

The rectification covers 23 resources including iron ore, gold ore, copper ore, lead & zinc ore, tin ore, kaolin, fluorite and pyritic.

The province eliminated compensation fees for all mineral resources and stopped charging price regulation funds staring July 1, 2016. 

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Jiangxi Abolishes Fees & Funds on Mineral Resources - Shanghai Metals Market (SMM)