Export Benchmark Prices for Mining Products Subject to Export Duty

On 30 January 2024, the Indonesian Ministry of Trade set benchmark prices for mining products subject to export duty, including for:

• Products of copper concentrate content (Cu) 15-33% with variations in gold content (Au) 0-50 ppm in USE/WE units
• Products of laterite iron concentrate (gutite, hematite, magnetite) Fe with levels of 50-51% and levels (Al2O3+SiO2) ≥ 10%
• Products of lead concentrate with lead content of 56-86%
• Products of zinc concentrate with zinc content of 51-67%

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