Indonesia Export Tax May Hurt Country’s Coal Industry

Mining Weekly reported that an export tax on Indonesian coal could decrease the value of that country’s coal business.

As quoted in the market news:

Speaking at the Coaltrans Asia conference, senior coal research analyst Rohan Kendall said that the introduction of an export tax could cause Indonesia to lose competitiveness when compared with other major supply regions, and could put at risk some 68-million tons a year of coal exports.

Click here to read the full Mining Weekly report.