The world’s largest exporter of refined tin has proposed raising the rates in its progressive royalty system to up to 20% following last year’s restructuring of mining royalties.
Alongside increases to other minerals, the proposal by Indonesia’s Ministry of Energy & Mineral Resources (ESDM) would see tin’s highest royalty band doubled from 10% at prices over US$40,000 to 20% at prices over US$50,000…
