1887

n SA Mercantile Law Journal = SA Tydskrif vir Handelsreg - Export taxes as a means to protect South Africa's minerals beneficiation strategy

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Abstract

Since 2009, export taxation for ferrochrome and ferrochrome ore has been high on the agenda of consultations between the vast majority of South African ferrochrome producers and the Department of Minerals and Energy (DMR). The industry seeks the adoption of two comprehensive government measures, in order to protect and enhance the continuing beneficiation of ferrochrome ore and exports of ferrochrome, namely: (i) a quota to be applied on chromite ore exports, restricting integrated producers to 30 per cent of their 'ore-equivalent' Ferrochrome production capacity; and (ii) a tariff or duty of $100 per ton of ore to be payable on chromite ore exported.

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/content/ju_samlj/23/3/EJC122698
2011-01-01
2016-12-07
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