Indonesia is planning to stop the exports of bauxite ore in 2022 and copper ore in 2023 to boost investments in the downstream sector, stated Indonesian President Joko Widodo.
Bauxite is the most common aluminum ore. Approximately 98% of primary aluminum production is based on bauxite.
Copper concentrates are widely used in the production of precious metals such as gold and silver.
Indonesia is a big exporter of these metals.
West Bengal CM Mamata Banerjee Slams Amit Shah For SIR Ahead Of Elections
TRAI Blocks 21 Lakh Mobile Numbers, 1 Lakh Entities For Spam & Fraud
Mumbai News: 24-Year-Old Motorcyclist Killed After Being Hit By Water Tanker In Jogeshwari; Driver Arrested
Mumbai News: Husband Arrested For Allegedly Killing Wife After Violent Dispute In Borivali
The Southeast Asian country banned nickel ore exports from January 1, 2020.
(With inputs from IANS)
