首页|Indonesian tin ruling stops short of ban on exports
Indonesian tin ruling stops short of ban on exports
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NSTL
Indonesia has passed a new decree on exports of tin-in-concentrate, but has stopped short of an outright ban on overseas sales. Although the Ministry of Industry in Jakarta indicated a willingness eventually to ban concentrates exports, the decree announced by industry and trade minister Rini Suwandi late last week will instead lead to the introduction of a licensing system for exports of tin concs. Effective February I, tin-in-concentrate is now considered a "strategic commodity" to be sold only by licensed exporters. A further ruling on the implementation of the decree is expected later this week. Until then, however, Indonesia's largest tin producer PT Timah is reserving judgment.
NSTL
