Indonesian crunch could prompt rethink of protectionist mineral export policy

Miners carry baskets of sulphur in Indonesia. The country's protectionist policies ban the export of unprocessed minerals.

The Indonesian government’s push to increase revenue from the troubled mining industry by 50 per cent this year could force it to rethink bad policies, according to a lawyer from an Indonesian firm specialising in mining law.

The Indonesian mining industry is facing tough times due to the plummeting prices of some of its key exports including coal, tin and nickel and protectionist policies that ban the export of unprocessed minerals.

Read more at: http://www.smh.com.au/business/mining-and-resources/indonesian-crunch-could-prompt-rethink-of-protectionist-mineral-export-policy-20150422-1mr0of.html

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s