JAKARTA. The government finally freed export duties to PT Freeport Indonesia and PT Newmont Nusa Tenggara. The reason, each company had promised to build a smelter in 2017. Previously, Freeport and Newmont voiced his opposition to the implementation of export duties on mineral exports. Last month, Chief Executive Officer of Freeport McMoRan Copper & Gold Inc (FMCG) United States, Richard C Adkerson visited Minister of Industry MS. Hidayat, Minister of Energy Jero Wacik, and Finance Minister Chatib Basri to lobby for duty exemption. Dede I Suhendra, Director of Mineral Business Development at the Energy and Mineral Ministry, states, plans to give dispensation to Freeport and Newmont will be discussed among government institutions. This is because, levies export duties stipulated in the Regulation of the Minister of Finance.
Freeport and Newmont Gets Export Duties Exemption
JAKARTA. The government finally freed export duties to PT Freeport Indonesia and PT Newmont Nusa Tenggara. The reason, each company had promised to build a smelter in 2017. Previously, Freeport and Newmont voiced his opposition to the implementation of export duties on mineral exports. Last month, Chief Executive Officer of Freeport McMoRan Copper & Gold Inc (FMCG) United States, Richard C Adkerson visited Minister of Industry MS. Hidayat, Minister of Energy Jero Wacik, and Finance Minister Chatib Basri to lobby for duty exemption. Dede I Suhendra, Director of Mineral Business Development at the Energy and Mineral Ministry, states, plans to give dispensation to Freeport and Newmont will be discussed among government institutions. This is because, levies export duties stipulated in the Regulation of the Minister of Finance.