05-12-2013· Indonesia will ban the export of mineral ores from January 12, 2014, following the issuance of Law Number 4 of 2009 on Minerals and Coal Mining. The ...
12-01-2017· A ban on unprocessed ore exports was imposed in 2014 to spur higher value smelting industries, but the government of Southeast Asia's biggest economy has faced a …
11-09-2019· The country first placed the nickel ore export ban in 2014, causing a price surge at the time, then relaxed it in 2017 under a quota system. Nickel prices have surged as much as 76% this year.
The news that Indonesia will allow nickel ore exports, announced on Thursday January 12, is proving to be a curious move considering that the export ban was beginning to achieve its primary aim.
With the objective of supporting production of value-added products domestically, the Indonesian Mining Law, Law No. 4 of 2009, obliges companies to process and refine mining minerals in Indonesia. Indonesia first announced the nickel ore export ban in 2014 that was relaxed in 2017 to a quota system, following strong market rejection.
Zigzags on Indonesia's ore export ban continue. This month, as D-Day approached for the ban to be fully implemented, the Indonesian government again made a last minute compromise, the effect of which is to potentially suspend the full ban until 2022.
It is very likely that Indonesia's mining ban will become a significant feature of the political discussions leading up to the elections later this year.
12-01-2014· Indonesia banned all mineral ore exports, as expected, on Sunday, but will likely allow some U.S. mining giants to continue shipments.
06-12-2013· TEMPO.CO, Jakarta - Indonesia will ban the export of mineral ores from January 12, 2014, following the issuance of Law Number 4 of 2009 on Minerals and Coal Mining.. The government and the House of Representatives (DPR) Commission VII, in a meeting here on Thursday, agreed to implement the ban from January 12.
13-01-2014· Mon, Jan 13, 2014 page15. Indonesia starts ore export ban LOCAL SMELTERS: A 2009 decision was upheld that forces companies to first refine ore at local smelters before they can have their mining products exported . AP, JAKARTA. An Indonesian ...
30-10-2013· Indonesia may refrain from a complete ban on mineral-ore shipments in 2014 as the country needs the revenue to offset declining income from the …
28-10-2019· Indonesia's nickel miners agreed on Monday to stop nickel ore exports immediately, the country's investment agency chief Bahlil Lahadalia said, after Jakarta last month brought forward a ban …
07-01-2014· Indonesia's planned mineral export ban - a policy designed to force miners to process their ores domestically - is sending shudders through the economy, with a Singapore-owned nickel miner ...
10-09-2011· indonesia may impose tax on ore...
18-07-2019· Indonesia stopped exports of raw ore such as nickel, bauxite and concentrates of other minerals from 2014 to 2016. Indonesia will enforce 2022 ban on raw mineral ore exports - …
20-01-2014· Indonesia's ore export ban comes into effect Posted on January 20, 2014 by ghsrcountrywatch Law requiring minerals to be processed domestically has some fearing job losses and worsening air pollution.
12-01-2014· Indonesia Announces Export Ban on Raw Ore. By Joe Cochrane. Jan. 12, 2014. JAKARTA, Indonesia — Indonesia, one of the world's biggest producers of minerals including gold, nickel, copper, tin ...
17-01-2017· Indonesian Nickel Ban. Before we get to analyze the price impact of the new rules, let's quickly review what the ban was about in the first place: Indonesia imposed an export ban for unprocessed material — essentially raw ore — back in 2014. A year before the ban kicked in, Indonesia exported around 60 millions metric of nickel ore.