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.
'Politicising Gig Economy Will Kill Quick Commerce, Destroy Jobs': NITI Aayog CEO
MHT CET 2026: Registration Process Starts Soon; Check Details Here
Dharamshala Dalit Student's Death Case: College Claims Deceased Was Not Enrolled, Failed 3 First-Year Subjects
Is Jiya Shankar Dating Kaaran Dhanak? Bigg Boss OTT Fame Confirms Relationship After Engagement Rumours With Abhishek Malhan
The Southeast Asian country banned nickel ore exports from January 1, 2020.
(With inputs from IANS)
