Indonesia hikes mining royalties to fund Prabowo policies
According to a government document, a flat levy of 10% on nickel ore production will be replaced with taxes varying from 14% to 19%.
Demand for cobalt is set to more than double by 2030 to 388,000 tonnes as the electric vehicle (EV) sector shifts into overdrive, says a new Benchmark Mineral Intelligence report. The outlook entails compound yearly cobalt demand growth of 10%...
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