MINING FISCAL REGIME. Surface Tax, variable by size and time frame (10 to 100 / sq km). Royalty – 10% Diamonds, gold and precious metals; 6% Gemstones; 5% Base metals; 3% Coal and other minerals. Income Corporate Tax – 32%. Exemption for 5 years on import duties and VAT for especific mining goods and equipment.
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Clean coal technologies in coal mining, however, are expected to gain significance in the future (partly due to commercial relevance) and Indonesia is expected to become heavily involved in that process being a major player in the coal mining sector.
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In Moatize, Mozambique, the waste produced from the coal mines will be reused for the generation of electricity: supplying Vale's operations and contributing to the local population's energy supply. Offroad trucks – Moatize coal mine, Mozambique. Operator driving an .
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