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    market news

    Indonesia to Tighten Tin Rules to Close Loopholes

    Investing News Network
    Aug. 18, 2011 11:52AM PST
    Industrial Metals

    Reuters Africa reports Indonesia is looking to revise its royalty payments made on all domestic tin shipments.

    Reuters Africa reports Indonesia is looking to revise its royalty payments made on all domestic tin shipments.

    The market news is quoted as saying,

    The current royalty charge on international exports, which was introduced in 2007, can be as much as 3 percent, Deddy Saleh, director general of foreign trade at the trade ministry told Reuters.

    For the complete market news, click here.

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