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Indonesia to Issue Nickel Export Tax Rules in Q3

Senin, 01 Agustus 2022 | 15:31 WIB
Indonesia to Issue Nickel Export Tax Rules in Q3

ILUSTRASI. Indonesia plans to issue a nickel export tax policy in the third quarter of the year. KONTAN/Cheppy A. Muchlis

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - JAKARTA. 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.

Indonesia, once a major nickel ore exporter, banned exports of unprocessed nickel in 2020 to attract investment into its smelting industry, but most development has gone into producing nickel pig iron (NPI) and ferronickel which have relatively low nickel content.

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