Restriction on the export of raw mining goods like bauxite to continue, says Indonesian President Jokowi

　　Restriction on the export of raw mining goods like bauxite to continue, says Indonesian President Jokowi

　　“After nickel, [we will ban] bauxite export. The regulation is being finalized. We are preparing a smelter,” said Joko Widodo.

　　Following bauxite, the President claimed that the administration tried to prohibit tin and copper shipments.

　　Through the Energy and Mineral Resources Ministerial Regulation No. 11 of 2019, signed by then-Minister Ignasius Jonan on August 28, 2019, the government restricted nickel ore exports on January 1, 2020.

　　“It's already been 19 months of the surplus trade balance. Where did that come from? From stopping nickel exports. The figure was recorded at US$20.8 billion. In the past, the nickel ore exports were at least US$2 billion a year, which means this is a very high jump,” the state head explained.

　　These rules, he claims, are necessary because the energy mix must be implemented as quickly as possible through new and renewable energy (EBT) projects.

　　“Everything must be developed so that it (the country’s energy) is not only dependent on coal. Indonesia has great potential,” added Jokowi.