Indonesia says may ease bauxite export ban to help fund new smelters

Posted on March 23, 2015 by Nanthakumar Victor Emmanuel, P.Eng. Chief Operating Officier, CVMR Corporation Leave a comment

JAKARTA, March 23 (Reuters) – Indonesia is looking at easing its mineral export ban for bauxite producers to help promote the building of smelters, a mines ministry official said on Monday.

Early last year Southeast Asia’s largest economy put in place export restrictions aimed at forcing mining firms to develop smelting and processing facilities so that Indonesia could refine all its own raw ores and concentrates.