Indonesia considering tax on coal shipments


NUSA DUA (Indonesia): Indonesia plans to control coal exports and is considering a tax on shipments from the world's top thermal coal exporter, the mining minister said, comments that pushed shares in the country's top coal miners down by more than 10%.

Indonesia has introduced a series of regulations aimed at squeezing more state revenues from the mining industry, including on ownership and export taxes, but had steered clear of coal.

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