MARKETS

Rate to dampen exports

A NEW coal export tax rebate rate to discourage coal exports has come into effect in China this y...

Angie Tomlinson

According to an AMI report, the export tax rebate for steaming coal changes from 13% to 11%, for semi-coke from 15% to 5%, and for coking coal from 13% to 5%.

The Chinese government hoped the rate change will impact negatively on coal exports and promote the development of the coal industry.

AMI quoted experts as predicting the reform will result in a 700-million Yuan loss in profit for China's coal export enterprises.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets