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SMM Flash News: Indonesia Clarifies New Trade Agreement Does Not Lift Raw Mineral Export Ban
iconJul 27, 2025 12:36
Source:SMM
【SMM Flash News】In response to a new U.S.-Indonesia trade agreement framework stating that Indonesia will remove export restrictions on industrial commodities, including critical minerals, concerns arose about whether this implies "lifting Indonesia's ban on raw mineral and concentrate exports". However, National Economic Council member Septian Hario Seto clarified that the statement refers specifically to processed minerals produced by domestic smelters, not raw materials. He emphasized that the Indonesian government will maintain its ban on unprocessed mineral exports, and the agreement aligns with the country's existing downstreaming policy.
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