RE: Indonesia to Encourage More Downstream Investment2 Aug 2020 00:39
It’s not especially relevant as.
A) KSK landed to produce Cathode cu - already processed downstream
B) The requirement to process downstream has been a matter of law/regulation since 2009. All this. Has done is elevate some of the requirement from regulation to law. This provides some more stability/security but still relies on enabling regulation to clarify
C) The KSK FS financial model already includes impacts of tax holidays for the investment in downstream processing