THEIndonesia will ban bauxite exports starting next year. The president announced it Joko Widodo, presenting the latest in a series of measures taken to stimulate the development of national raw material processing capacities. "Starting in June 2023, the government will impose an export ban on bauxite minerals and strengthen the national bauxite processing and refining industries," said the Indonesian head of state.
Widodo explained that the government intends to repeat the measures already adopted for nickel in 2020, which have brought the country massive investments in the local construction of smelters, especially from China. In 2020, Indonesia produced 21 million tons of bauxite, making the country the world's fifth largest producer of this resource. Most of Indonesia's exports of the ore used to make aluminum went to China.
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