English Version
ENGLISH
| Monday, 20 November 2017 |
Indonesia Version
INDONESIA
Facebook
Twitter


Monday, 20 November 2017 | 10:22
Chelsea hammer West Brom 4 - 0 Antonio Conte celebrated his 50th Premier League game as
manager by watching his Chelsea side hammer West Bromwich
Albion 4 - 0 at the Hawthorns.
Monday, 20 November 2017 | 10:16
Sexual Harassment on the Rise: Report Sexual harassment against women continues to rise, according
to data from various agencies.
Four Million Tons of Raw Minerals Flood the Global Market
Coal ores being unloaded from a barge at the Soekarno-Hatta port in Makassar. TEMPO/Iqbal Lubis
Tuesday, 11 July, 2017 | 09:04 WIB
Four Million Tons of Raw Minerals Flood the Global Market

TEMPO.CO, Jakarta - The Indonesian Government had recently approved the export requests from two mining companies regarding raw mineral exports. The total approved volume reached up to 4.7 million tons throughout the following year.

The first request was by Ceria Nugraha Indotama, a nickel mining company that operates in Kolaka, Southeast Sulawesi. The company is given a 2.3 million ton export quota of low grade nickel ore that is valid until 2018.

Ceria Nugraha Indotama had also submitted plans to construct a nickel processing facility in Kolaka with a yearly five million ton capacity.

The next mining company being approved to export its products is bauxite miner, Dinamika Sejahtera Mandiri.

Read: Govt Issues New Regulation on Mineral Concentrate Exports

This company obtained a 2.4 million ton washed bauxite sales quota after it had constructed a smelter in Sanggau, West Kalimantan, which is able to produce an amazing 7 million ton a year.

Earlier in 2016, the Indonesian Government approved the export of low grade nickel ores by Aneka Tambang, which obtained a yearly 2.7 million ton mineral export permit. This state owned enterprise was also permitted to issue an 850,000 ton washed bauxite export by the end of next year.

The overflowing export of raw minerals is the direct effect of the Energy Ministry’s Regulation No. 5 (2017) that has been valid since January. This regulation is the result of a revised regulation from the Minister of Energy that banned raw mineral exports. The export floodgates will remain opened until 2022, as long as the company is committed to build a smelter.

 

Robby Irfany

 



via Facebookvia TEMPO ID

Comments


Disclaimer: The views expressed in the comments sections are personal responses that do not represent the editorial policy of tempo.co. Our editorial staff reserves the right to moderate or take down comments that contain harassment, intimidation and discrimination against ethnicity, religion, race, and inter-group relations.