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Indonesia has relaxed its imminent export ban on metal ore to now let some raw minerals continue to be shipped from the country to allow more time for smelters to prepare to handle the materials, according to reports.
Indonesia has been restricting the exports of metal ores in an effort to capture additional downstream value.
Copper, iron ore, lead, zinc and anode mud from copper concentrates will continue to be allowed to be exported until May next year, the energy and mineral resources minister Arifin Tasrif said,
The country also sees Asia's largest IPO, excluding China, for the year to date
Indonesia to allow export of TiO2 feedstock
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