- Indonesian President Joko Widodo has been announcing from different forums that his country may stop the export of bauxite next year, copper ore in 2023 and tin in 2024.
- As part of efforts to improve the country’s external balance & attract investments into the resource processing industry, Indonesia may stop tin exports in 2024, the Indonesian President reiterated last week at the Indonesian central bank’s annual gathering.
- U.S.-based miner Freeport-McMoRan, operator of Indonesia’s massive Grasberg copper mine, has decided to build a copper smelter in east Java province.
For further details see:
Tin Prices Gain Momentum As Indonesia Mulls Tin, Copper Export Bans