New Mining Law Indonesia: Full Mineral Ore Export
By September 2016 the Indonesian government plans to have revised regulations regarding exports of mineral ore, part of Law No 4/2009 on Mineral and Coal Mining (New Mining Law) Per January 2014 mineral ore exports from Indonesia should have been banned altogether as the government aims to boost domestic smelter development and reduce the country's dependence on The export of metal ore has been banned since the first days of 2014 in an effort by the government to encourage domestic smelting, as they expected such activities to provide jobs and lead to the export of more valueadded products the Indonesian government Indonesian Government Disavows Plan to End Metal A senior Indonesian mining ministry official pledged on Thursday that authorities would enforce a ban on the export of raw ore exports by 2022 to make miners process minerals in the countryIndonesia will enforce 2022 ban on raw mineral ore
Indonesia to Ban Nickel Ore Export Starting 2020
JAKARTA (TheInsiderStories) – Nickel price soared to its highest in five years after major producer Indonesia said it would ban the export of ore starting Jan1, 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 [] Copper concentrate export ban – little to be gained In January the Indonesian Government, along with the raw mineral ore export ban, surprised the industry by introducing a progressive export tax on mineral concentrate of copper, iron, zinc and manganese of between 20% and 25%, which would be progressively raised to 60% by late 2016The fallout from Indonesia’s raw mineral ore export ban Based on the new government regulation, exports of concentrate can only be conducted by companies that have a Special Mining Business Permit (in Indonesian: Izin Usaha Pertambangan Khusus, or IUPK)This pretty much forces companies that are still active in Indonesia under the old Contracts of Work to change the status of their contract, provided they want to export mineral oreIndonesian Government vs Contract of Work: Mineral
Indonesia Announces Export Ban on Raw Ore The
Marwan Batubara, director of Indonesian Resources Studies, a nongovernmental organization in Jakarta specializing in public policy, accused the Indonesian government Extension of ore export ban exemptions This latest unfortunate policy position returns the local divestment requirements to those prescribed by the Indonesian Government prior to 2014 Indonesia regulatory update: Indonesian government Zigzags on Indonesia’s ore export ban continue This month, as DDay approached for the ban to be fully implemented, the Indonesian government again made a last minute compromise, the effect of which is to potentially suspend the full ban until 2022Indonesia’s ore export ban may be suspended until
Indonesia’s unprocessed ores and minerals export
Indonesia’s ban on exports of unprocessed ores and minerals will result in reduced nickel ore trade, hurting the demand for small bulkers However, with bauxite trade shifting to GuineaChina Jakarta Vale Indonesia, the country's largest nickel producer, said the government's planned ore export ban will give the country a strategic advantage and bring positive impact to the local nickel industry and the Indonesian economy in the long termNickel Ore Export Ban Is Good for Indonesia: Vale JAKARTA (TheInsiderStories) – After halt for 10 days, Indonesian government finally reopened nickel ore export, said senior minister today On Oct 10 energy and mineral resources ministry halt nickel ore export for temporally starting to evaluate the nickel mining contract “We had already discussed about the ban In principle, we have released those who meet the rules, []After Halt for Moment, Indonesia Reopened Nickel
Indonesia Bans Nickel Ore Exports Effective
The Indonesian government has announced that its longanticipated nickel ore export ban will take effect immediately, about two months earlier than previously scheduled The Indonesian Government is hoping to kickstart its economy by lifting a partial ban on exports of metal ore and mineral concentrates, a policy originally aimed at boosting domestic processing and reducing the South East Asian nation’s exposure to volatile commodity prices Julian Turner reportsArrested development: why Indonesia lifted its mining Large mining companies on Wednesday welcomed a recent decision by the Indonesian government to move forward a ban on exporting nickel ore, as the firms aim to increase smelting outputMiners welcome Indonesian export ore ban, plan
Indonesian Government vs Contract of Work: Mineral
Based on the new government regulation, exports of concentrate can only be conducted by companies that have a Special Mining Business Permit (in Indonesian: Izin Usaha Pertambangan Khusus, or IUPK)This pretty much forces companies that are still active in Indonesia under the old Contracts of Work to change the status of their contract, provided they want to export mineral ore The Jokowi government’s policy shift contributes to pervasive regulatory ambiguity in Indonesia’s mining sector The global mining boom, occurring roughly between 2003 and 2013, caused a frenzy of mineral extraction across Indonesia’s resource The life and death of Indonesia’s mineral export ban Indonesia’s government faced a sharp industry backlash after it unveiled sweeping new rules on Thursday allowing the export of nickel ore and bauxite under certain conditionsNickel smelters consider suing Indonesia after ore
Indonesia’s unprocessed ores and minerals export
Indonesia’s ban on exports of unprocessed ores and minerals will result in reduced nickel ore trade, hurting the demand for small bulkers However, with bauxite trade shifting to GuineaChina Government Policy in Mining Field to Encourage Indonesian Economy and Support Industrial Revolution 40 Surizki Febrianto1, Suparto2 1,2 Universitas Islam Riau, 16, 2012 which states that mining companies can export mineral ore or ore in this case nickel abroad before 2014Government Policy in Mining Field to Encourage The Indonesian Government is hoping to kickstart its economy by lifting a partial ban on exports of metal ore and mineral concentrates, a policy originally aimed at boosting domestic processing and reducing the South East Asian nation’s exposure to volatile commodity pricesArrested development: why Indonesia lifted its mining
After Halt for Moment, Indonesia Reopened Nickel
JAKARTA (TheInsiderStories) – After halt for 10 days, Indonesian government finally reopened nickel ore export, said senior minister today On Oct 10 energy and mineral resources ministry halt nickel ore export for temporally starting to evaluate the nickel mining contract “We had already discussed about the ban In principle, we have released those who meet the rules, [] Based on the new government regulation, exports of concentrate can only be conducted by companies that have a Special Mining Business Permit (in Indonesian: Izin Usaha Pertambangan Khusus, or IUPK)This pretty much forces companies that are still active in Indonesia under the old Contracts of Work to change the status of their contract, provided they want to export mineral oreIndonesian Government vs Contract of Work: Mineral The country first placed the nickel ore export ban in 2014, causing a price surge at the time, then relaxed it in 2017 under a quota system Nickel prices have surged as much as 76% this yearMiners welcome Indonesian export ore ban, plan
The life and death of Indonesia’s mineral export ban
The Jokowi government’s policy shift contributes to pervasive regulatory ambiguity in Indonesia’s mining sector The global mining boom, occurring roughly between 2003 and 2013, caused a frenzy of mineral extraction across Indonesia’s resource Indonesia implemented an ore export ban in 2014 only to reverse course and relax it in 2017, when the government said companies would have five years to prepare and start building homegrown Indonesia nickelore export Uturn throws up investor On Jan 12, the Indonesian government made its latest move to reverse the export ban on lowgrade nickel ore, as well as washed bauxite, after three years from its imposition The government is Antam faces test as Indonesia shifts mining policy
Trade protectionism in Indonesia: Bad times and bad
Difficult economic circumstances have historically led Indonesian leaders to enact economic reforms, leading some to argue that bad times have resulted in good policy But as Indonesian growth has slowed over the past year, the government has departed from this pattern, and is instead ratcheting up protectionist measures in the form of a