Indonesia ban on nickel ore, bauxite exports to stay – officials
JAKARTA, Aug 11 (Reuters) – Indonesia has no plans to wind back a seven-month old ban on exports of unprocessed nickel ore and bauxite that has led to billions of dollars in planned investments in smelters, top government officials said.
Indonesia – previously the world’s top exporter of nickel ore and a major bauxite producer – effectively halted all but processed metal shipments in January in an effort to force miners to build smelters, winning the country bigger returns from exports of its mineral resources.
Read more at: http://www.reuters.com/article/2014/08/11/indonesia-metals-exports-idUSL4N0QE47120140811
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