Indonesia Nickel, Bauxite Ban Yet to Hit China
Launceston, Australia. Indonesia’s ban on exporting unprocessed nickel and bauxite has been in force for more than two months, but the impact has yet to fully show up in Chinese imports.
China’s trade data for February shows nickel ore imports from Indonesia were about 3.1 million metric tons, down only 2.5 percent from the same month a year earlier.
Indonesia’s ban on exporting unprocessed minerals took effect on Jan. 12, and while there have been some moves to relax restrictions on copper and other ores, the total ban on nickel and bauxite remains.
Read more at: http://www.thejakartaglobe.com/opinion/indonesia-nickel-bauxite-ban-yet-hit-china-clyde-russell/
