Government Sets HPE for 269 Mining Products for December 2023

  • The Minister of Trade ("Minister") has set export benchmark prices (Harga Patokan Ekspor – "HPE") for December 2023 for various mining products that are subject to the imposition of export duty through the issuance of Decree No. 1930 of 2023 ("Decree 1930/2023"), which will be applicable from 1 December 2023 – 31 December 2023.
  • In essence, Decree 1930/2023 determines HPE for a total of 269 mining products, as comprehensively listed under the Appendix to Decree 1930/2023, including the following products with prices that range from US$/WE 21.93 to US$/WE 5,049.72: 1) Copper concentrate; 2) Laterite iron concentrate; 3) Lead concentrate; and 4) Zinc concentrate.
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  • The Minister of Trade ("Minister") has set export benchmark prices (Harga Patokan Ekspor – "HPE") for December 2023 for various mining products that are subject to the imposition of export duty through the issuance of Decree No. 1930 of 2023 ("Decree 1930/2023"), which will be applicable from 1 December 2023 – 31 December 2023.
  • In essence, Decree 1930/2023 determines HPE for a total of 269 mining products, as comprehensively listed under the Appendix to Decree 1930/2023, including the following products with prices that range from US$/WE 21.93 to US$/WE 5,049.72: 1) Copper concentrate; 2) Laterite iron concentrate; 3) Lead concentrate; and 4) Zinc concentrate.
......

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Hukumonline Pro Intelligence

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