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Conference on Ministerial Regulation No. 1/2014 on Added-value of Mineral and Export Tax Policy
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Tuesday, January, 28 2014
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Venue :
Shangri-La Hotel, Jakarta
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Invited Speakers
Sukhyar, Director General of Coal and Minerals at the Ministry of Energy and Mineral Resources.
Dede Ida Suhendra, Director of Mineral Business Development at the Directorate General of Mineral and Coal
Mag Faizal Emzita, Executive Director of Indonesian Nickel Association
Tony Wenas, Deputy Chairman of Indonesian Mining Association (IMA)
Luke Devine, Foreign Legal Consultant at Hadiputranto, Hadinoto & Partners
Bill Sullivan, Licensed Foreign Advocate, Christian Teo Purwono & Partners (in association with Stephenson Harwood LLP)
Shirley Oroh, Vice President of Community and Government Relation PT Asia Mangan Group
And many more...
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Introduction
The government has officially halted export on unprocessed mineral products since January 12 with the issuance of Ministerial Regulation No. 1/2014 on upgrading the added-value of mineral through processing and refining. The regulation insisted the shipment of unprocessed nickel, bauxite, tin, gold, silver and chromium are no longer allowed, forcing the miners to build smelter to process the ores.
The producers of copper, iron ore, manganese, lead, zinc, Ilmenite and Titanium are exempted from the ban for three years as long as the shipments meet the required minimum purity levels. However, these producers should be subjected to a progressive export tax from 20 percent to 25 percent in the first year before increasing to between 50 percent and 60 percent in 2016 as stipulated under the Finance Ministry regulation No. 6/2014.
The regulation on upgrading added-value of mineral still promote the way out for mining companies to conduct a joint venture to build the smelter facility or allowing producers who have no smelting facility to supply ores to other company which has already built the processing and refining.
The conference, jointly organized by Petromindo.com and CoalAsia magazine, would discuss detail on the implementation of export ban policy, the joint venture scheme, how the producers to secure export permit from the Trade Ministry and the detail of progressive export duty policy. The conference would be held on;
Produced by:
Supported by:
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CONTACT |
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Defi : +62-21-7227692
Siska : +62-21-7226896
F: +62-21- 7226898
E: businessevents@petromindo.com
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| LANGUAGE |
English
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| INVESTMENT |
Rp.5.000.000,-*
*) Including Conference Materials, Coffee Breaks, Lunch, certificate
*) Cancellation Fee : 7 days before the event : 50%
*) Cancellation Fee : 4 days before the event : 80%
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| PAYMENT |
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Transfer to Bank Ekonomi,
Cabang Cempaka Putih, Jakarta.
Acc. No. : 909-0039-23900 (IDR)
Acc. No. : 909-0039-23117 (USD)
Acc. Holder: PT Binadi Reksa Dayatama
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DOWNLOAD
REGISTRATION FORM |
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| 08.30 |
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Registration & Coffee Morning |
| Session I: Regulatory Framework |
| 09.00 |
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Keynote speech
Sukhyar, Director General of Coal and Minerals at the Ministry of Energy and Mineral Resources.
"The future of downstream mineral processing industry in Indonesia"
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| 09.30 |
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Technical detail of Ministerial Regulation No. 1/2014 on upgrading of added-value of mineral through processing and refining.
Speaker
Dede Ida Suhendra, Director of Mineral Business Development at the Directorate General of Mineral and Coal. |
| 10.00 |
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Technical Detail of Ministerial Regulation No. 6/2014 on export product subject to export tax
Speaker
Andin Hadijanto, Head of The Agency's Policy Fiscal at The Finance Ministry |
| 10.30 |
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Legal Analysis on Permen 1/2014
Speaker
Bill Sullivan, Licensed Foreign Advocate, Christian Teo Purwono & Partners (in association with Stephenson Harwood LLP)
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| 11.00 |
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Q & A session |
| Session II: Panel Discussion of Industry Players |
| 11.30 |
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The session would discuss potential impacts of export ban policy on the company's revenue base, cost structure and cash generation; How to mitigating the impact and what are the opportunities and challenges in developing processing and refining. The speakers would also analyze the dynamics of downstream industry in Indonesia; on-going projects, future strategy, and development plans.
Speakers
Tato Miraza, President Director of PT Antam
Martiono Hadianto, President Director of PT Newmont
Bauxite company |
| 12.30 |
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Lunch |
| Session II: Panel Discussion of Industry Players (continued) |
| 13.30 |
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The session would discuss potential impacts of export ban policy on the company’s revenue base, cost structure and cash generation; How to mitigating the impact and what are the opportunities and challenges in developing processing and refining. The speakers would also analyze the dynamics of downstream industry in Indonesia; on-going projects, future strategy, and development plans.
Speakers
Mag Faizal Emzita, Executive Director of Indonesian Nickel Association
Tony Wenas, Deputy Chairman of Indonesian Mining Association (IMA)
Satya Graha Soemantri, Director Operations Planning and Business Development of PT Jogja Magasa Iron |
| 14.30 |
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Coffee Break |
| Session IV: Legal Perspective |
| 15.00 |
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The session would assess key articles in the Ministerial Regulation No. 1/2014 and its impact on the country's mining sector.
Speakers
Luke Devine, Foreign Legal Consultant at Hadiputranto, Hadinoto & Partners
Shirley Oroh, Vice President of Community and Government Relation PT Asia Mangan Group
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