- The Minister of Energy and Mineral Resources ("Minister") has issued Decree No. 112.K/MB.01/MEM.B/2024 on Reference Prices for Metal Minerals and Reference Prices for Coal for May 2024 ("Decree 112/2024"), which has been in force since 21 May 2024.
- As detailed under Appendix I to Decree 112/2024, the applicable Reference Prices for Metal Minerals (Harga Mineral Logam Acuan/HMA) have been stipulated for 20 types of metal mineral commodities and should be utilized as a reference during calculations of Metal Mineral Benchmark Prices (Harga Patokan Mineral Logam/HPM) for May 2024, including: 1) Nickel (US$ 17,472.38/DMT); 2) Cobalt (US$ 28,215.95/DMT); 3) Lead (US$ 2,071.55/DMT); 4) Zinc (US$ 2,596.40 DMT); 5) Aluminum (US$2,390.31/DMT); and so forth.
- Meanwhile, the applicable Reference Prices for Coal (Harga Batubara Acuan/HBA) have been stipulated for four types of coal commodities under Appendix II to Decree 112/2024 and should be utilized as a reference during calculations of Coal Benchmark Prices (Harga Patokan Batubara/HPB), including: 1) Coal (with 6,322 Gross as Received ["GAR"]): US$ 114.06/ton; 2) Coal I (with 5,300 GAR): US$ 91.77/ton; 3) Coal II (with 4,100 GAR): US$ 56.52/ton; and 4) Coal III (with 3,400 GAR): US$ 36.39/ton.
......
Subscribe to read more legal analysis.
Hukumonline Pro Intelligence
Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda
*Syarat dan ketentuan berlaku