Copper Concentrate Export Ban Set for 2025, Ministry of Industry Announces Expectations

  • Wednesday, November 6, 2024
  • Source:ferro-alloys.com

  • Keywords:copper, nickel, ore, ferro alloys
[Fellow]Copper Concentrate Export Ban Set for 2025, Ministry of Industry Announces Expectations

[Ferro-Alloys.com] 

Copper Concentrate Export Ban Set for 2025, Ministry of Industry Announces Expectations

The Ministry of Industry (Kemenperin) believes that the export ban on copper concentrate and anode slime, effective January 1, 2025, will add significant value to Indonesia.
 
Director General of Metal, Machinery, Transportation Equipment, and Electronics Industry at Kemenperin, Setia Diarta, stated that the export ban is part of efforts to drive downstream processing. He expressed hope that Indonesia would strengthen its position in the international market.
 
He noted that Indonesia has copper reserves of approximately 28 million tons, making it the country with the seventh-largest copper reserves globally. Additionally, Indonesia is the world’s second-largest producer of tin, contributing 14% to global production.
 
 
  • [Editor:邢亚敏]

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