What's Behind Chaotic Implementation of Copper Export Duty

tambang terbuka PT Freeport Indonesia
Summary

  • The Indonesian government raises the export duty rate when Freeport Indonesia's smelter construction is around 75 percent complete.
  • Freeport Indonesia will appeal the decision since it conflicts with provisions stated in the special mining business license (IUPK).
  • Ever-changing policies may drive away potential investors.

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