In Zambia, Africa's largest copper producer, a Treasury official said on Monday that Zambia has abolished suspended regulations have imposed a new tax on raw metal 10% export tariffs, the previous President, said the law is not a benefit to countries.
, said the Treasury secretary Fredson Yamba Zambia to semi-finished products, including copper, funds belong to impose a 10% export tariff.
Raw metal is usually refers to concentrate, and semi-finished products such as crude copper has been processing of metal.
Yamba said: "President instructions to cancel the suspension imposed export tariffs of laws and regulations, we in accordance with the routine matter."
Zambia suspended in raw metal export duties this month, so the former mining company said influenced by domestic refining capacity is limited, has accumulated a large number of inventory.
Yamba said the country will be a 15% import tariff on copper semi-finished products, etc. Usually imports from neighbouring Congo in Zambia.
Yamba, said a import and export tariff on semi-finished metal designed to encourage increased domestic production and employment.
Zambia's mining industry association said on Monday that new export tariffs will be substantial cost increase mining companies.
Association spokesman said: "these measures threat zambian mining the viability of the industry, are highly susceptible to the influence of the commodity market at present."
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