GMC 0.00% 0.6¢ gulf manganese corporation limited

I believe it's the IUP OPK certification that GMC is applying...

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    I believe it's the IUP OPK certification that GMC is applying for, which is a blanket permit that covers stockpiling & exporting untreated ore, as well as processing & refining once the smelters are operational.

    IUP OPK

    Under Regulation 34/2017, there is only one type of IUP OPK for Processing and Refining which covers the activities of both processing and/or refining, as well as sale and transportation. This allows these activities to be undertaken on an integrated basis under a single permit. Previously, separate permits were issued for processing/refining and sale/transportation.

    IUP OPK is granted for a period up to 30 years, and is extendable for 20 years for each extension. Regulation 34/2017 is silent on how many extensions are permissible. Previously, IUP OPK for sale and transportation was granted for a maximum period of 5 years and extendable for up to 3 years for each extension, while IUP OPK for processing and refining was granted for a maximum period of 20 years (including 2 years of construction) and extendable for up to 10 years for each extension. The longer initial term should provide reassurance to investors willing to invest in capital intensive processing and refining facilities that they will be afforded sufficient time during the initial term of the IUP OPK to generate returns on their significant investment.

    http://www.conventuslaw.com/report/indonesia-government-consolidates-permitting-in/

    Documents required
    • Application for IUP OPK Processing and Refining
    • Articles of Association, with all amendments and approvals, and complete corporate documents of applicant
    • Sale and purchase agreement between the applicant and prospective buyers of refined minerals
    • Sale and purchase agreement between the applicant and holder(s) of valid Clean and Clear (CNC) IUP-OP
    • Clean and Clear (CNC) legalities of the IUP-OP
    • Technical data of the concession under IUP-OP license
    • Financial report for the last 3 years of the company holding IUP-OP license and/or of the applicant
    • Manufacturing/industrial licenses and permits
    • Environmental Impact Analysis (AMDAL) and Environmental Monitoring and Management Efforts (UPL-UKL) documents
    • Recommendation from governor or local authority based on the smelter feasibility study
    • List of expert staff working on the project
    http://www.putranto-alliance.com/en...ess-advisory/mineral-processing-plant-smelter
 
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