Indonesian export rule may cause mass layoffs at bauxite mines

Posted on January 8, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

(Reuters) – Up to 200,000 workers at bauxite mines in Indonesia may be laid off under proposed new rules on mineral processing due to come into effect on Sunday, an official from the Indonesian Chamber of Commerce told reporters on Wednesday.

Earlier, the mining ministry met with industry associations to discuss processing requirements that are intended to push miners to develop downstream processing facilities and give Southeast Asia’s largest economy a greater return for the minerals it produces.