SMM7, 10th: Indonesia's Ministry of Energy and Mineral Resources confirmed that Indonesia is expected to stop exporting raw ore in 2022 because 41 domestic smelters are about to complete construction and can be put into operation in the short term.
Earlier, in 2009, after the Indonesian government issued decree No. 4, Indonesia should have stopped the export of raw ore. But given the situation of smelters in Indonesia at the time, the ban had to be delayed.
But now, as domestic smelters begin to operate on a large scale, superimposed downstream terminals can digest smelting products, so Indonesia has formed a complete supply chain.
It is expected that 41 smelters will operate in 2022, including 22 nickel smelters, 6 bauxite smelters, 4 iron ore smelters, 4 zinc smelters, 2 copper smelters, 2 anode slime smelters and 1 manganese ore smelter.
"Click to enter the registration page
Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn