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Indonesia s state utility planner announced that it secured an extra million tonnes of coal supplies on 4 January and will hold talks with government officials today regarding the country s coal export ban This follows an announcement by the energy ministry that the government would seek an export ban on coal for January
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The World Trade Organization WTO has ruled that Indonesia s export ban and domestic processing requirement on nickel ore violates WTO rules according to a report released on Nov 30 The WTO recommended in its report that Indonesia brings its measures into conformity with its obligations under the General Agreement on Tariffs and Trade GATT
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Prior to the imposition of Indonesia s ore export ban in January 2024 the country was the main exporter of nickel ore to China and the world s largest bauxite exporter at 49% of the global total exports in 2024 After Indonesia s ban Australia s market share of global bauxite production increased from % in 2024 before the ban to
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Government of Indonesia Opens Room for Iron Sand Exports Feb 26 2024 After the word spread that the government of Indonesia will reevaluate its export ban on mineral ore Indonesia s Ministry of Energy and Mineral Resources announced it will soon open room for exports of iron sand a type of sand with heavy concentrations of iron
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Based on a 2024 mining regulation Indonesia is due to stop allowing the export of unprocessed ore starting Jan 12 2024 after giving miners a five year period to build smelters onshore They must finish building smelters Bambang Gatot the mining ministry s Director General of Coal and Minerals said on Thursday Advertisement
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In an attempt to build up Indonesia s smelting industry and encourage domestic processing of mineral ores and thereby increase tax revenue and jobs otherwise loss due to the exporting of ores to other countries for refining the Indonesian government announced in 2024 a raw ore export ban to take effect on January 12 th 2024 [1]
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REUTERS/Denis Balibouse GENEVA Nov 30 Reuters The World Trade Organization recommended on Wednesday that Indonesia change measures including a ban on nickel ore exports in a dispute with the
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Business Updates The Question Of Indonesia s Unprocessed Ore Export Ban Updated Indonesia Iron and Steel Industry Association making it the second largest consumer in the ASEAN Opportunities in other industries are equally promising with stainless steel consumption in Indonesia projected to increase from 1 kg per capita in
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Indonesian ore exports to June total Mwmt Assuming this material to be all grading % Ni this equates to around 140 kt Ni The bulk of this material has been exported to China
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JAKARTA Jan 12 Reuters Indonesia among the world s biggest suppliers of natural resources halted all mineral ore exports on Sunday to try to promote domestic processing
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Citing $30 billion in nickel processing investments and commitments from Chinese companies Ms Huber says the export ban puts Indonesia on track to develop an integrated electric
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Indonesia s ban on mineral ore exports will cut nickel supplies while allowing Freeport McMoRan Copper Gold Inc to keep exporting copper concentrates Nickel and the rupiah rallied
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For copper and other more minor ores the ban likely would put upward pressure on prices both for the ores themselves and for downstream products in 2024 Indonesia accounted for 5 percent of the global copper ore export market and about 6 percent of China s copper ore imports but would not necessarily turn markets upside down
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Indonesia is expected to follow through its plan to ban raw mineral exports in 2024 SHANGHAI Jul 16 SMM Nickel pig iron is expected to replace nickel ore as major raw material exported from Indonesia to China for nickel and stainless steel production as Indonesia reiterated that it will stop raw ore exports in 2024
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While initially tabled as a blanket ban designed to bolster the long term domestic profitability of Indonesia s mining industry last minute regulatory changes diluted the ban to allow some industries to continue exporting unprocessed mineral ore The reprieve was extended to copper manganese iron ore lead and zinc concentrates and it low
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Page contents and site navigation Brussels 2 December 2024 EUROFER welcomes the WTO Panel report ruling against Indonesia s ban on the export of nickel ore These measures have been artificially distorting the global market for nickel ore and fuelling the new export oriented stainless steel production in Indonesia whilst harming the EU
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Reasons for Indonesia s Export Ban There are two main reasons behind the Indonesian nickel export ban policy The development of smelter technology in Indonesia will likely propel domestic demand for nickel ore Indonesia currently has 21 smelters out of the targeted 53 smelters in 2024 Domestic nickel ore demand from the increasing smelters
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On 18 April 1938 Joseph Lyons s government announced a ban on the export of all iron ore This decision was reinforced a month later when the Commonwealth geological adviser WG Woolnough counselled that with iron ore reserves down to 264 million tons the country could become an ore importer within 25 years if it did not conserve stocks
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Indonesia introduced the controversial ban on Sunday on a range of raw mineral ores in order to force companies to build processing plants on its soil to the ban The export halt is expected
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The ban was put in place following Indonesia s relaxation of a previous ore export ban in 2024 which only allowed nickel ore export of a grade below % The recent development of new high pressure acid leach HPAL projects means Indonesia can now process lower grade ore domestically with a view to meeting electric vehicle EV battery
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The full ban was delayed to allow concentrate exports such as copper iron sands iron ore manganese zinc and lead to resume until 2024 on condition that exporters provide evidence that they were committed to the development of the smelters But the ban was so disastrous that it was partly rescinded
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SEATTLE Scrap Monster The American Iron and Steel Institute has issued a statement in response to the World Trade Organization WTO ruling in connection with the EU dispute challenging Indonesia s new ruling on nickel commodity must be noted that the country had imposed ban on nickel ore exports and had called for mandatory domestic processing of nickel ore
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Iron Ore Minerals After the word spread that the government of Indonesia will reevaluate its export ban on mineral ore Indonesia s Ministry of Energy and Mineral Resources announced it will soon open room for exports of iron sand a type of sand with heavy concentrations of iron Bambang Gatot Director General for Coal and Minerals at the
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So why the export ban In keeping with a 2024 mining law Indonesian President Joko Widodo wants companies to process nickel in Indonesia not merely mine ore it and ship it to the highest bidder
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On Sunday January 12th Indonesia s controversial ban on raw mineral ore exports took effect an hour after President Susilo Bambang Yudhoyono signed off on some eleventh hour exemptions The rationale behind the ban is to encourage the domestic processing of raw mineral ore into higher value metal products
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The ore export ban will enable Indonesia to gain additional revenues from income tax value added tax non tax revenue and export duties Stopping raw material exports would enable products such as lithium batteries battery electric vehicles semiconductors among others to be produced in Indonesia Jokowi said
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JAKARTA Jan 12 Reuters Indonesia among the world s biggest suppliers of natural resources halted all mineral ore exports on Sunday to try to promote domestic processing
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November 25 2024 Indonesia wants to ban raw material exports of bauxite copper and tin This was announced by Indonesian President Joko Widodo on November 24 2024 An export ban on bauxite is to begin in 2024 Energy consumption by German steel manufacturers is to increase fivefold due to hydrogen production
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Nickel prices soared this week on supply concerns after Indonesia the world s top producer announced the ban would start next year instead of 2024 in a bid to process more minerals at home Ending exports of bauxite used to make aluminium and copper concentrates is still slated for 2024
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Indonesia implements export ban on ore 21 January 2024 Regulation No 6/ of 2024 which imposes export taxes on the export of copper iron ilmenite titanium manganese lead and zinc concentrates This regulation is designed to disincentivise COW and IUP holders from exporting semi processed products The new regulations ban
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