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Jakarta Post

Comments: High export taxes will result in closures

Jan

The Jakarta Post
Sat, January 25, 2014 Published on Jan. 25, 2014 Published on 2014-01-25T13:19:39+07:00

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Comments: High export taxes will result in closures

J

an. 20, p1

The Indonesian Chamber of Commerce and Industry (Kadin) urged the government to revise the mineral-export tax regulation issued by the Finance Ministry recently, arguing that without a change, many miners would have to shut down their operations.

Your comments:

Whatever happens, watch out for the Australian disease! It'€™s coming your way, Indonesia.

Jay Z

How can we be competitive? Might as well buy from Chile, Brazil, Thailand or wherever.

It'€™s not that these miners don'€™t want to build smelters, who can afford a smelter when one costs at least US$25 million? And why should all mines have smelters? Is Indonesia going to have 3,000 smelters for all 64 minerals then '€” one for every mine?

Malam

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