Indonesian mineral exports halt as export quotas loom

Jan 28, 2014 | 11:08 AM | Shivani Singh

Tags  Indonesia ban, Syahrir Abubakar, export ban, ore, copper, iron ore, sinc, lead Shivani Singh

SINGAPORE — Indonesian minerals exports have completely halted even as the country’s mining industry awaits details from the government on export quotas for processed minerals and concentrates.

"The export quotas have not been issued yet and we haven’t had any discussion with the government on these," Syahrir Abubakar, executive director of the Indonesian Mining Association (IMA), said Jan. 28.

Indonesian mining ministry officials said the government would issue export quotas for processed minerals in the next few days, according to local media reports.

"Export has totally stopped—not just ore but also concentrates, as there is no clarity about export tariffs," Abubakar said. "At the ports, the customs, the police and the navy have been deployed to see that no exports can take place."....





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