Kazakhstan to restore 15% aluminium export tariff.

By bne IntelliNews June 11, 2010
Kazakhstan will restore a 15% export duty on aluminium from Jun 23. The tariff of 15% or no less than EUR 100 per metric tonne was published in the official newspaper Kazakhstanskaya Pravda on Thursday. The tariff had been removed in Feb 2009 in order to help Kazakh metal producers to endure the global financial crisis. The sole exporter of aluminium in the country is the mining and metallurgy company Eurasian Natural Resources Company (ENRC). ENRC reported its production of aluminium in Q1 2010 rose by 45% y/y to 45,000 tonnes.

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