Indonesia seeks loophole for mining export ban -economy minister

Posted on December 19, 2013 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

Dec 19 (Reuters) – Indonesia’s government is looking to find a loophole in next month’s ban on the export of unprocessed metal ore, chief economic minister Hatta Rajasa said on Thursday, aimed at miners that already process domestically.

From January 12, mining companies must process their ore before shipping it overseas, a measure that aims to boost the value of exports from Indonesia, the world’s top exporter of nickel ore, thermal coal and refined tin.