SMM Tin Industry Chain Summit to Focus on Tin Imports against Export Rule Change in Indonesia
SHANGHAI, Aug. 29 (SMM) – Shanghai Metals Market (SMM) is holding the SMM Tin Industry Chain Summit in Shenzhen September 27-29, to focus on China’s tin ore and refined tin imports against Indonesia’s export ban on unprocessed mineral scheduled to take effect in 2014.
Indonesia has proposed several amendments to a controversial 2014 ban on unprocessed mineral exports, its Minister of Industry said. According to the amendments, mining companies with smelters under construction would be allowed to export unprocessed minerals, but would be charged a duty on the shipments depending on progress of their projects. Mining companies that have not started building smelters will not be allowed to export unprocessed minerals.
