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PrintSingapore's Ibris Nickel Pte Limited said that it had temporarily stopped operations at its 2 million tonne per year nickel mine in Indonesia, amid uncertainty surrounding a planned ban on unprocessed metal ore exports.
It is the first company to announce it is putting operations on hold pending the ban.
Mr Agus Suhartono COO of Ibirs Nikel said that almost all miners are taking a "wait-and-see" approach to the ore ban, adding that the government had not provided any clarification of planned new processing requirements due to take effect on Sunday.
Mr Suhartono said that "If we are in production but we don't know how this will pan out, we need to be very careful. It's a last-minute call."
He said that Ibris, the third-largest nickel miner in Indonesia, employs around 1,400 workers at its mine in North Konawe, Southeast Sulawesi, but all had stopped work since December 31, 2013, because of contractual commitments.
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