Indonesia's nickel miners agreed on Monday to stop nickel ore exports immediately, the country's investment agency chief Bahlil Lahadalia said, after Jakarta last month brought forward a ban on ...
The ore export ban was designed to give Indonesia's resources sector a competitive advantage over its neighbors, and allowing exports again could cut short its development, he said.
JAKARTA: A top Indonesian mining ministry official said on Monday he did not want to speculate on whether the government might bring forward a planned ban on iron ore exports from 2022. The ban .
Indonesia has not shied away from making swift changes to its export policies, first implementing a total ban on nickel ore shipments in January 2014. This was designed to incentivise investment in downstream nickel processing capacity and was largely successful in doing so.
Indonesia has not shied away from making swift changes to its export policies, first implementing a total ban on nickel ore shipments in January 2014. This was designed to incentivise investment in downstream nickel processing capacity and was largely successful in doing so.
The ban was put in place following Indonesia's relaxation of a previous ore export ban in 2017, which only allowed nickel ore export of a grade below 1.7%. 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 raw material demand .
Iron ore smelter International sales of iron ore exported by country totaled US$122.5 billion in 2019, increasing by 74.2% since 2015 when iron ore shipments were valued at $70.3 billion and expanding 30.3% from 2018 to 2019. From a continental perspective, Oceania (mostly Australia) sold the greatest amount of exported iron ore at 53.8% of the global total.
03-09-2015· China Nickel Resources, listed on the Hong Kong Stock Exchange, had to admit publicly how badly it is suffering from the Indonesian government's sudden ban on all ore exports, including iron and nickel ore. The ban, started in January 2014, forced China Nickel Resources to halt operations at almost all of its core businesses, including [.]
In 2017, the original export ban was lifted for certain minerals, or ore with a grade below 1.7%, allowing miners who were building smelters to export unprocessed mineral until January 2022. This resumed China's imports of nickel ore from Indonesia in 2017-2019 with growing quotas being granted.
24-08-2020· Ever since the iron ore mining scam broke out nearly a decade ago, the export ban from Karnataka is not just hurting miners with lack of capacity absorption, but also realisation of .
JAKARTA (TheInsiderStories) – Nickel price soared to its highest in five years after major producer Indonesia said it would ban the export of ore starting Jan.1, 2020, two years earlier than planned. The top global source of nickel ore wants to raise higher export revenue and tackle the current account deficit.. Last Friday, nickel prices on the London Metal Exchange (LME) jumped 8 percent ...
Indonesia is expected to follow through its plan to ban raw mineral exports in 2022 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 2022.
13-01-2014· The ban on exports of unprocessed minerals has been criticized by miners who say a plan to build smelters in the country is not economically viable. ... Indonesia Announces Export Ban on Raw Ore.
The date is two years earlier than the government's initial plan to ban nickel ore exports in January 2022. Indonesia was the world's largest nickel producer in 2018 with 560,000 tons.
05-08-2019· JAKARTA, Aug 5 — A top Indonesian mining ministry official said today he did not want to speculate on whether the government might bring forward a planned ban on iron ore exports from 2022. The ban is aimed at making miners process minerals in Indonesia, a major exporter of nickel ore.
03-09-2015· China Nickel Resources, listed on the Hong Kong Stock Exchange, had to admit publicly how badly it is suffering from the Indonesian government's sudden ban on all ore exports, including iron and nickel ore. The ban, started in January 2014, forced China Nickel Resources to halt operations at almost all of its core businesses, including [.]
03-09-2015· China Nickel Resources, listed on the Hong Kong Stock Exchange, had to admit publicly how badly it is suffering from the Indonesian government's sudden ban on all ore exports, including iron and nickel ore. The ban, started in January 2014, forced China Nickel Resources to halt operations at almost all of its core businesses, including [.]
The ban was put in place following Indonesia's relaxation of a previous ore export ban in 2017, which only allowed nickel ore export of a grade below 1.7%. 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 raw material demand .
JAKARTA: A top Indonesian mining ministry official said on Monday he did not want to speculate on whether the government might bring forward a planned ban on iron ore exports from 2022. The ban .
On 12 January 2014, Indonesia introduced an export ban on raw ore. The Indonesian Government had already initiated a de facto export ban on 6 May 2012 (see related measure). The new law replaces this initial ban.
Indonesia banned all mineral ore exports, as expected, on Sunday, but will likely allow some U.S. mining giants to continue shipments.
Indonesia's Coordinating Ministry for Maritime Affairs and Investment has rejected a proposal by nickel miners to allow the export of nickel ore again, the ministry's spokesman, Jodi Mahardi ...
China's monthly nickel ore imports from top miner Indonesia rose to a near 6-year high in November although its overall intake fell, as buyers raced to secure as much material as possible ahead of ...
The ore export ban was designed to give Indonesia's resources sector a competitive advantage over its neighbors, and allowing exports again could cut short its development, he said.