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Indonesia mulls copper concentrate export ban from 2023

From argusmedia.com

Indonesia is considering implementing a ban on copper concentrate exports from 2023, although market participants expect it to have a limited impact on China, the world's biggest importer of the product. Indonesian copper concentrates are mainly exported to Asian countries such as China, with small volumes going to Japan. But its exports accounted for just 2.1pc of China's total imports of 19.2mn t during January-October this year, 1.7pc of 21.8mn t in 2020 and 1.3pc of 22mn t in 2019. "We are now calculating [the possibility] to stop exporting raw bauxite, perhaps starting next year. The year after that would be ... (full story)

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  • Category: Fundamental Analysis