ID :
9750
Wed, 06/11/2008 - 01:39
Auther :
Shortlink :
https://oananews.org//node/9750
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GOVT TO RESTRICT TIN INGOT PRODUCTION AT 100,000 TONS
Jakarta, June 10 (ANTARA) - The Indonesian government plans to restrict the country's tin ingot production at a maximum of 100,000 tons this year, an official said.
The planned restriction on tin ingot production will be stipulated in a decree of the Energy and Mineral Resources Minister to be issued in the near future, Director General of Minerals, Coal and Geothermal Energy Simon F Sembiring said on Tuesday.
"We have already completed the draft of the ministerial decree," he said.
The decree will only stipulate the upper limit of tin ingot production while the production quota of each tin mining company will be set forth in a gubernatorial decision, he said.
"The ministerial decree will serve as a legal umbrella while the quota of tin mining companies including PT Timah Tbk, PT Kobatin and mining concessionaires will be decided by the governor," he said.
The ministerial decree will be reviewed every year based on the existing conditions, he said.
"It is possible the upper limit will increase next year or the other way around," he said.
The planned restriction on tin ingot production will be stipulated in a decree of the Energy and Mineral Resources Minister to be issued in the near future, Director General of Minerals, Coal and Geothermal Energy Simon F Sembiring said on Tuesday.
"We have already completed the draft of the ministerial decree," he said.
The decree will only stipulate the upper limit of tin ingot production while the production quota of each tin mining company will be set forth in a gubernatorial decision, he said.
"The ministerial decree will serve as a legal umbrella while the quota of tin mining companies including PT Timah Tbk, PT Kobatin and mining concessionaires will be decided by the governor," he said.
The ministerial decree will be reviewed every year based on the existing conditions, he said.
"It is possible the upper limit will increase next year or the other way around," he said.
