2014年1月19日星期日

The Indonesian government plan to ban all ore export trade

Ban ore export trade is seen as Indonesian President susilo bambang yudhoyono, nearly 10 years since one of the largest economic policy.Although Indonesia government plan to ban all ore export trade,large diameter steel pipe low pressure fluid linepipe but Mr Yudhoyono at the last minute decided to set some exceptional conditions, allowing free port MaiKeMo copper gold miners and newmont mining companies continue to pursue the copper companies such as export trade.The Indonesian government said about the decision of the concrete issues will be announced later.Grams of watts said to the reporter: "including freeport MaiKeMo Aaron newmont mining company and a copper and gold mine, there have been a total of 66 miners to Indonesia promises they will in the Indonesian domestic ore resources construction of processing factory,Astm a53 sch80 galvanized steel pipe the businesses in the future will be allowed to continue to operate from the export business of mineral resources of Indonesia."

Have point out that will really feel the government of Indonesia will be those with the impact of the policy Indonesia smaller mining companies, the number of these companies will probably hundreds,A106 High quality carbon structural steel tube the reason is that small businesses can't afford the domestic construction of ore resources in Indonesia processing plant required into millions of dollars in cost.

In 2012, according to data released by the world bank, the mineral resources of Indonesia exports totaled $10.4 billion, about 5% of the total export volume accounts for Indonesia.

2014年1月13日星期一

Indonesia 12 ore export is prohibited

Beijing time on January 12th afternoon news, local time on January 12, the Indonesian government announced a ban on ore export trade,48.3mm×3.5mm hot dip galvanized erw scaffolding pipe but it will allow the United States Freeport MaiKeMo Aaron Copper and Gold mine company (Freeport McMoRan Copper & Gold) and Newmont Mining company (Newmont Mining, Corp) such as enterprises continue to operate from Copper exports to overseas business in Indonesia.Indonesia is the world's largest nickel ore, refined tin and thermal coal export countries, the country is the world's fifth largest copper producer, moreover ChuYouLiang gold mineral Indonesia also quite rich.

The ban of the Indonesian government to force the mining companies in Indonesia for ore mining and processing,seamless carbon steel tube api 5l gr.b to bring the country's long-term returns.However, Indonesia officials are worried that the implementation of the iron ore export ban to make short-term overseas tax cuts, the Indonesia's current account deficit will be further expanded, and the happening of this kind of phenomenon will to Indonesia the confidence of investors and down the country's currency value maintained a heavy blow.

Energy and mineral resources minister of Indonesia zhe luo - watts grams (Jero Wacik) in an interview with reporters,carbon black steel pipes fittings tee weight said: "since January 12, 2014, local time, Indonesia will be stopped exports of domestic ore resources."Before this tile g with Indonesian President and cabinet members had marathon a meeting to discuss this problem.