
Indonesia changes taxation on mineral extraction The Indonesian government has introduced a new approach to mineral extraction taxation, now tying royalty rates to market prices. This system, which is expected to come into force soon, replaces the previous fixed rate for nickel ore mining with a sliding scale ranging from 14% to 19%, depending on…
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Global Zinc Market Falls into Pessimism Zinc prices on the London Metal Exchange have continued their downward trend since early March, currently stabilising at around $2,600 per tonne. This prolonged decline underscores growing pessimism among global market participants, who are increasingly concerned about the widening imbalance between supply and demand. One of the main contributing…
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China Strikes Back at the U.S. with Rare Earth Export Controls Chinese authorities have announced stricter export regulations covering seven strategic rare earth elements: scandium, dysprosium, gadolinium, terbium, lutetium, samarium, and yttrium. Under the updated measures, companies must obtain special export licences from the Ministry of Commerce. Applicants must justify the intended usage of the…
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