Determining the Price of Minerals

In the mining sector, government revenue depends on mineral products being priced and measured accurately. This can be especially challenging for minerals such as copper, which have economically relevant characteristics that may vary and significantly affect pricing. The schedule presented in this report applies the mineral pricing framework – outlined in the joint OECD/IGF work Determining the Price of Minerals: A transfer pricing framework – to identify the primary economic factors influencing the price of copper. It applies the Comparable Uncontrolled Price method and aims to ensure that developing countries are able to tax copper exports appropriately.