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Indonesia revokes tax holiday incentives for new nickel smelter

  • Wednesday, May 10, 2023
  • Source:ferro-alloys.com

  • Keywords:nickel, ore, steel
[Fellow]The government has started to revoke the tax holiday for new Rotary Kiln-Electric Furnace (RKEF) nickel smelters under the consideration that high grade nickel ore processing plants are sufficient and do not need to get tax holiday facilities.
[Ferro-Alloys.com] 

  • The 19th China Ferro-alloys International Conference, co-hosted by China Chamber of Commerce of Metals Minerals & Chemicals Importers & Exporters (CCCMC) & Ferro-Alloys.com ，Supported by China Ferroalloys Industrial Association, will be held on 31 May to 2 June 2023 in Beijing, China.

 
 
Indonesia revokes tax holiday incentives for new nickel smelter
 
The government has started to revoke the tax holiday for new Rotary Kiln-Electric Furnace (RKEF) nickel smelters under the consideration that high grade nickel ore processing plants are sufficient and do not need to get tax holiday facilities.
This policy is in accordance with the government’s plan to stop the already intensive rate of investment in pyrometallurgical plants such as processing high grade nickel ore or saprolite.
RKEF is a type of pyrometallurgy which generally produces second class nickel processed products such as nickel pig iron (NPI) and ferronickel (FeNi) which are then converted into stainless steel.
 
 
  • [Editor:邢亞敏]

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