Indonesia imposes 20% export tax on Gold, Silver and Platinum, Will Ban Exports Beginning in 2014

印尼加黃金白銀鉑金出口稅20%至2014年, 之後不再出口原材料 !

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Indonesia appears to no longer be willing to trade physical commodities and currencies for US dollars. 

The nation has instituted a 20% export tax on minerals including gold, silver, and platinum to discourage exploitation of the nation’s resources until 2014, when Indonesia will begin banning exports of raw materials (natural resources).
Indonesia has decided to retain gold, silver and platinum in the list of minerals enforced with a 20 percent export tax but coal is exempted.

 A total of 65 mineral categories has been included in the list which is expected to provide the government an additional revenue up to $2 billion.

The minerals include antimony, bauxite, chromium, copper, , iron ore, iron sand, lead, manganese, molybdenum, nickel, and tin apart from gold, silver and platinum…

The 2009 Law on Minerals and Coal stipulates that in 2014 all mining companies in Indonesia will be prohibited from exporting raw materials.


To prevent overexploitation of the country’s natural resources and excessive environmental hazards before 2014, the government plans to apply the export tax.