Indonesia mulls revision to mining regulations to allow concs, nickel ore exports

Any revision to the Indonesian regulations banning exports of nickel ore will have to be well-thought out so as not to discourage downstream investment, a government official told Metal Bulletin on Tuesday October 4.

Indonesia is finalising an overhaul of its mining rules that could give companies up to five more years to build smelters, and reopen exports of nickel ore banned since 2014, the country’s mining minister Luhut Pandjaitan was quoted as saying in a Reuters report on Tuesday. 
“We will provide an opportunity to companies building smelters, in the form of a relaxation ... in accordance with their smelter development progress,” the report quoted the minister as saying.

Miners that fail to build smelters within five years could have their mining permits...

Published

Deepali Sharma

October 04, 2016

13:28 GMT

Singapore