Jokowi sees export ban on tin, gold, copper as invitation to foreign investors
JAKARTA — Indonesia is set to essentially ban exports of unprocessed minerals — including tin, bauxite, gold and copper, crucial materials for global industries — in the middle of 2023. Should the policy take force, its impact will be immeasurable: Some of the minerals are critical to electric vehicles, advanced semiconductors and other leading industries of the 21st century.
Indonesia rocked the world in January when it suddenly announced a monthlong ban on thermal coal exports. But the consequences from that stoppage will look infinitesimal compared to those caused by the mineral embargoes, which are to be permanent.
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