Published: 19 October 2018
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Government revenue depends on mineral products being priced and measured accurately. However, pricing is not always this straightforward. It may be complicated by the different stages of mineral beneficiation, the lack of publicly quoted prices for certain minerals, and adjustments based on the quality or grade of the product.
Many governments worry they do not know the value of their exported minerals and are therefore losing much-needed revenue. This practice note aims to increase policy-makers’ knowledge of the process of determining the value of exported minerals.
In partnership with the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF), we are supporting policy-makers to make informed, risk-based decisions on how best to monitor the value of mineral exports.