KONTAN.CO.ID - JAKARTA. Indonesia will continue shipping some raw minerals for the next year despite a looming export ban, its mining minister told parliament on Wednesday, as companies rush to finish smelters to process the ore domestically. The resource-rich country had planned to ban exports of all metal ore starting in June to encourage investment in the domestic processing industry. But copper, iron ore, lead, zinc and anode mud from copper concentrates will be allowed to leave the country until May next year so smelters, many of which were delayed by the pandemic, would be ready to handle the materials, said Energy and Mineral Resources Minister Arifin Tasrif.
Indonesia to Allow Exports of Five Raw Minerals Despite June Ban
KONTAN.CO.ID - JAKARTA. Indonesia will continue shipping some raw minerals for the next year despite a looming export ban, its mining minister told parliament on Wednesday, as companies rush to finish smelters to process the ore domestically. The resource-rich country had planned to ban exports of all metal ore starting in June to encourage investment in the domestic processing industry. But copper, iron ore, lead, zinc and anode mud from copper concentrates will be allowed to leave the country until May next year so smelters, many of which were delayed by the pandemic, would be ready to handle the materials, said Energy and Mineral Resources Minister Arifin Tasrif.