Government asked to be consistent in mineral export ban

PT Sulawesi Mining's nickel smelter and power plant stands under construction in Morowali, Central Sulawesi province, Indonesia. Photographer: Yoga Rusmana/Bloomberg

President Director of #PTVale #Indonesia Tbk (PT Vale), Nico Kanter said he hoped the government is consistent in its policy banning exports of row minerals especially nickel ore.

He said construction of a #NickelSmelter would need huge investment and long process of planning and preparations.

“Investors, therefore, would need legal certainty and consistency in government policy in ban on exports of #NickelOre,” he said.

Relaxation in the policy would discourage investment to build smelter and badly dent the confidence of investors, he said.

Read more at: http://www.antaranews.com/en/news/100259/government-asked-to-be-consistent-in-mineral-export-ban

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