Indonesia, Southeast Asia’s largest economy, set the base price for exports of 32 types of metal ores in June including nickel, bauxite and copper, according to a trade ministry regulation.
The export tax and base prices also cover 44 non-metal minerals including quartz and diamond, according to the rule. The base price is used for calculating export levy.
The following table shows base prices as stated in the decree signed May 28 by Deddy Saleh, director general of foreign trade at the Trade Ministry. The tax rates are taken from separate rule from the Finance Ministry. Base prices are in dollars per metric ton.
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Metal Ores & Concentrates Tax Rates Base Price
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Unprocessed Iron Pyrites 20% $264.00
Unagglomerated Iron Ores:
* Fe less than or as much as 51.99% 20% $34.00
* Fe 52% to 56.99% 20% $43.07
* Fe 57% to 60.99% 20% $78.10
* Fe 61% and higher 20% $119.00
Agglomerated Iron Ores 20% $147.40
Roasted Iron Pyrites 20% $101.50
Manganese:
* Mn less than 40% 20% $136.50
* Mn 40% to 45% 20% $184.80
* Mn 45% to 48% 20% $211.50
* Mn 48% and higher 20% $225.60
Copper 20% $2,165.00
Nickel:
* Ni less than 1.5% 20% $15.80
* Ni 1.5% to 1.8% 20% $25.14
* Ni 1.8% to 2% 20% $32.69
* Ni 2% and higher 20% $41.52
Cobalt 20% $2,180.50
Bauxite
*Al2O3 as much as 46% 20% $15.36
*Al2O3 47% to 50% 20% $17.46
*Al2O3 51% and higher 20% $17.91
Lead 20% $300.00
Zinc 20% $430.00
Chromium 20% $280.50
Processed Molybdenum 20% $18,146.20
Other Molybdenum 20% $10,410.10
Ilmenite 20% $280.00
Titanium 20% $285.20
Zirconium 20% $1,552.20
Silver 20% $2,234.80
Gold 20% $2,827.50
Platinum Group Metal 20% $2,827.50
Antimony 20% $2,921.10
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Source: Finance Ministry, Trade Ministry
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