Freeport halts Indonesia copper exports ahead of mineral export ban
Jan 11 (Reuters) – U.S. mining giant Freeport McMoRan Copper and Gold Inc halted its copper exports from Indonesia, less than an hour before a controversial mineral export ban comes into effect, a union official told Reuters late Saturday.
Indonesia on Sunday will impose a ban on more than $10 billion worth of annual copper, nickel and other unprocessed mineral ore shipments, a move that industry officials warn could lead to mass layoffs, mine closures and depleted foreign revenue.
Read more at: http://www.reuters.com/article/2014/01/11/indonesia-minerals-idUSL3N0KL05T20140111
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