Indonesian nickel miners urge government to stick to 2022 ore export ban
2019-08-09 14:05:39 [Print]
On August 8, Indonesia's nickel miners association (APNI) urged the government not to bring forward a ban on raw mineral exports from 2022.
The association's Secretary General Meidy Katrin Lengkey said the group has "indirect" knowledge of a plan to revise the regulation to bring forward the date of enforcement of the ban.
A 2017 mining regulation stated that miners who are currently building smelters are allowed to export unprocessed mineral until January 2022. After that the government will not allow ore exports.
"Be consistent with the 2022 deadline because people have invested money to build smelters, they have borrowed money with an expectation they can still export until 2022," Lengkey said, "If it stopped mid-way, many will be stalled."
The association's Secretary General Meidy Katrin Lengkey said the group has "indirect" knowledge of a plan to revise the regulation to bring forward the date of enforcement of the ban.
A 2017 mining regulation stated that miners who are currently building smelters are allowed to export unprocessed mineral until January 2022. After that the government will not allow ore exports.
"Be consistent with the 2022 deadline because people have invested money to build smelters, they have borrowed money with an expectation they can still export until 2022," Lengkey said, "If it stopped mid-way, many will be stalled."
Nickel Ore Philippine 0.8%min CIF China
Unit:USD/mt
China nickel sulfate producers' operating rate statistics by province by month
Unit: %
