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Russia to release new export duties for nickel, copper
Published: 2010-09-02   Source:    Reads: 560
It is reported that Russia will release a new version of export duties for nickel and cooper.

In July, the Russian Finance Ministry proposed to draft zero-export duties if nickel price feel below US$12,000/ton, and will charge up to 30 percent when nickel price exceed US$20,000/ton.

In addition, the export tax for cooper will be introduced at 10 percent of the custom value.



News Date 9/2/2010 10:53:21 AM reported by Cory Hsu



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