Indonesian minerals ban bites as well as barks

The really big surprise, though, is just how total the ban is. Right up until the Jan. 12 deadline the consensus view was that the Indonesian authorities would fudge the issue, most likely in the form of wide-ranging exemptions to companies that had displayed a minimum level of commitment to building processing plants.

Not so, however. Such exemptions may come with time but for now this ban bites as well as barks.

Read more at: http://in.reuters.com/article/2014/02/03/column-home-indonesia-minerals-idINL5N0L82G920140203

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