Govt. Introduces October 2023 HPE for 269 Mining Products Subject to Export Duty

  • The Minister of Trade ("Minister") has set export benchmark prices (Harga Patokan Ekspor – "HPE") for October 2023 for various mining products that are subject to the imposition of export duty through the issuance of Decree No. 1703 of 2023 ("Decree 1703/2023"), which came into force on 1 October 2023.
  • At its core, Decree 1703/2023 determines HPE for a total of 269 mining products, as comprehensively listed under the Appendix to Decree 1703/2023, including the following products: 1) Copper concentrate; 2) Laterite iron concentrate; 3) Lead concentrate; and 4) Zinc concentrate, at prices that range from US$/WE 20.45 to US$/WE 5,141.68.
  • The above-listed HPE will remain valid from 1 October 2023 until 31 October 2023.
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  • The Minister of Trade ("Minister") has set export benchmark prices (Harga Patokan Ekspor – "HPE") for October 2023 for various mining products that are subject to the imposition of export duty through the issuance of Decree No. 1703 of 2023 ("Decree 1703/2023"), which came into force on 1 October 2023.
  • At its core, Decree 1703/2023 determines HPE for a total of 269 mining products, as comprehensively listed under the Appendix to Decree 1703/2023, including the following products: 1) Copper concentrate; 2) Laterite iron concentrate; 3) Lead concentrate; and 4) Zinc concentrate, at prices that range from US$/WE 20.45 to US$/WE 5,141.68.
  • The above-listed HPE will remain valid from 1 October 2023 until 31 October 2023.
......

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