September 12, 2019 / 7:34 AM / 11 days ago

Indonesia to consider expediting export ban on bauxite, others

Sept 12 (Reuters) -

* Indonesia will consider expediting an export ban on minerals such as bauxite, tin, and alumina, among others, subject to the scale of investment, a senior minister said on Thursday.

* This comes after the country last week announced a surprise nickel ore exports ban, two years earlier than planned.

* Under the current rules, exports of bauxite is allowed till January 11, 2022.

* “Later on, if we already have investors coming in for downstreaming in tin, asphalt, alumina, bauxite, and so on, why not?” Coordinating Maritime Affairs Minister Luhut Pandjaitan told reporters when asked about a timeline.

* According to the minister, talks are going on with several firms who are interested in investing in bauxite processing plants, including with Japanese companies. (Reporting by Wilda Asmarini; editing by Uttaresh.V)

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