SILO Ready to Pay Deposit Guarantee
Jumat, 6 Juni 2014 13:15 WIB
the management is ready to complete the requirements requested by the government...
Kotabaru, South Kalimantan (Antaranews) - Iron ore mining company PT Sebuku Iron Lateritic Ores in Kotabaru District prepared a deposit guarantee or seriousness money about 12 million dollars to the bank, as one of the requirements to obtain export licenses of its processed iron ore (laterite ore concentrate).
PT SILO Operational Manager, Henry Yulianto, said on Thursday that the management is ready to complete the requirements requested by the government to obtain quotas and processed iron ore export licenses.
"One of the conditions is the company must deposit cash or collateral to one bank account, and the account opened by the company," he explained.
