The Government banned the export of raw ore commitment (raw material)




The question of what will happen after January 12, 2014 seems to be missed see . It appears from the statement of the Director General of Mineral and Coal R. Sukhyar . Substitute Thamrin Sihite said the government would give leeway to companies that have mineral processing raw minerals but has not made purification . However the company has committed to complete the construction of purification plants ( smelters ) .

" There will be concessions for companies that are already doing the processing of raw minerals but have not made purification . Though permitted but still with limits on how much of the processed minerals are exported , what percentage of processed mineral that may be exported , everything will be regulated in the government later published prior to January 12, 2014 , "said Sukhyar .

As for raw ore , the Government remains committed to ban the export starting from January 12, 2014 . It is part of the implementation of the Law on Mineral and Coal . If there are mining companies who still dare to export raw ore ( raw material) , the Government will act decisively to revoke its operating license .

" We commit on January 12, 2014 are no longer export raw materials , if there are companies that dare to export raw ore would be subject to sanctions , administrative sanctions ranging up to revocation of license , " said Sukhyar .

Meanwhile , the application of the export ban policy will impact on the foreign exchange but this condition will not last long . Even according to Sukhyar when all mineral processing and refining has been carried out in the country , national income will rise sharply . Government calculations of metallic mineral revenues in 2013 reached U.S. $ 11 billion , and then for the next year is expected to fall to just U.S. $ 6 billion records of all minerals exported banned then there would be different if easing .

" But in 2015, state revenues will increase to U.S. $ 9 billion in 2016 and increased to U.S. $ 26 billion when all mineral processing has been carried out in the country , " said Sukhyar . Were simmering PP (Government Regulation )  is expected to be completed before January 12, 2014 .(MN /ES )

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