Indonesia’s mining exports at standstill after new rules -govt official

Posted on January 24, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

Jan 24 (Reuters) – Indonesia’s metal ore and concentrate exports have ground to a halt, a trade ministry official said on Friday, with a ban on ore shipments and an export tax introduced less than two weeks ago hurting the mining industry.

“There has been no concentrate export since January 12,” Bachrul Chairi, director general of foreign trade at the trade ministry told Reuters. “As of now, no miners or companies have requested export approval for concentrate or processed ore to trade ministry.”