Indonesian Miners Support Ban On Raw Materials Exports

Indonesian mining companies expressed their support for the government’s new regulation to ban exports of some raw materials as partcc 400 x 600 jaw crusher of the country’s plan to boost investment in the sector. “We are in agreement in implementing the rules of not exporting raw mining materials.

We support what the government is planning for this,” Olivier Bolligon, a spokesman for Weda Bay Nickel, said on Monday. Weda Bay Nickel is 10 percent owned by state-controlled gold miner Aneka Tambang (Antam) and 90 percent by French mining giant Eramet. Weda Bay Nickel plans to build a smelter plant in Halmahera, Maluku, at an estimated cost of $4.6 billion. Construction of the facility is scheduled to start in 2013 and would be built in cooperation with Mitsubishi of Japan and Antam, Bolligon said. He said the company would export processed commodities, like processed nickel used in the making of stainless steel...