Indonesian mineral export law a threat to China’s aluminium production

China’s stranglehold on the global aluminium industry could be weakened by changes to export laws in Indonesia, according to American giant Alcoa.

Indonesia on Sunday enforced a long-awaited mineral export law that effectively bans unprocessed ores from leaving Indonesian shores.

The policy is designed to force companies to build processing plants and other downstream infrastructure on Indonesian soil, and pundits expect it to affect the trade of bauxite and nickel in particular, and possibly tin.

Read more at: http://www.smh.com.au/business/indonesian-mineral-export-law-a-threat-to-chinas-aluminium-production-20140112-30oob.html#ixzz2qCWLffsn

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