Export ban on raw materials encourages investmentin alumina and aluminium smelter projects

摘要

In terms of area and population Indonesiais the largest country in South-EastAsia. The archipelago has extensive rawmaterial deposits and correspondingly theeconomy is dominated by the raw materialssector. The raw materials processingindustries are small, and for that reasonuntil a year ago most of the domestic outputwas exported. This brings importantamounts of foreign exchange into thecountry. China and Japan are, or haveuntil now been major purchasers of copper,nickel and bauxite. However, sincethe beginning of 2014 the correspondingcrude ores may no longer be exported.Accordingly, exports of mined productsfell in the first half of 2014 by more thana quarter compared with the previousyear. Owing to the export ban on bauxitean impulse has been given to a series ofaluminium projects, which are currentlybeing planned or are already in course ofimplementation.