Indonesia plans to stop exporting bauxite, copper ores
2022-01-11 13:35:12 [Print]
Indonesia plans to stop the exports of bauxite ore in 2022 and copper ore in 2023 as an attempt to boost investments in the downstream sector and exports of higher value semi-finished or finished products, Indonesian President Joko Widodo said on Monday.
Aluminum is made primarily from bauxite ore, while copper concentrates are used to make precious metals such as gold and silver. These metals are heavily exported from Indonesia. According to the state news agency, the country mostly exports the two mineral commodities to Asian countries. Nickel ore exports were banned in the Southeast Asian country on January 1, 2020.
Aluminum is made primarily from bauxite ore, while copper concentrates are used to make precious metals such as gold and silver. These metals are heavily exported from Indonesia. According to the state news agency, the country mostly exports the two mineral commodities to Asian countries. Nickel ore exports were banned in the Southeast Asian country on January 1, 2020.
Bauxite Guinean 45%min CIF China
Unit:USD/dt
Africa bauxite producers' inventory to production ratio statistics by country by month
Unit: %
