| Indonesian Minister for Energy and Mineral Resources Jero Wacik has signed a ministerial regulation to ban exports of metal ore beginning 2014. The regulation stipulates that all raw metals, including gold, copper, nickel, bauxite and iron will have to be processed in the country, as mandated by the 2009 Minerals and Coal Laws.
The Jakarta Post reported on Saturday that the ban was aimed, among others, to boost the country’s metal production, to utilise the processed products for domestic purposes and by-products as raw material for chemical and fertilizer industries and to increase the country’s revenue...............................................Full Article: Source
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