10
Feb
08:33
China further reduces mining resources tax
China has been pushing mining tax reforms, mainly benefiting miners of tailings and miners which agree to refill their used mining locations. Since last year China has begun simplifying mining taxes by switching from a volume to a price basis, Kallanish notes.
With international iron ore prices still firmly over $80/tonne, domestic high-cost Chinese miners are debating whether or not to come back into the market. Tax breaks could help to further incentivise thes…
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Anonymous
Very good overview of the weekly steel market.
Anonymous