Russia’s Norilsk Nickel last year said it had received high-level assurances from Indonesia that ore restrictions would be put in place.
Jan 10 (Reuters) – An Indonesian ban on raw minerals exports is set to hurt Chinese factories making stainless steel – used in everything from kitchenware to cars and buildings – in the biggest potential industry shake-up in more than five years.
The ban, due to come in force on Sunday, may also be a boon for battered nickel miners, dogged by prices that lost 19 percent last year and are sitting stubbornly near four-year lows.
Read more at: http://www.reuters.com/article/2014/01/10/indonesia-minerals-impact-idUSL6N0KJ05U20140110
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