Indonesia Bans Ore Exports in Push for Metal Smelting

“Indonesia appears to be willing to allow miners who do some degree of processing or have definite plans for smelters in place to keep exporting but is still acting tough with the little guys,” Keith Loveard, a risk analyst at Jakarta-based Concord Consulting, said yesterday, pointing to about 4,000 companies with mining business licenses.

The naval base that covers the Riau Islands is intensifying patrols to prevent ore from being shipped overseas, the Jakarta Post reported today, citing the base’s commander, Rear Admiral Agus Heryana. The Riau islands and region of West Kalimantan hold most of country’s bauxite resources, the report said.

Read more at:  http://www.bloomberg.com/news/2014-01-13/indonesia-bans-ore-exports-in-compromise-push-for-smelting-1-.html

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