In order to revive Indonesia’s processing industry by the President of the country, Susilo Bambang Yudono signed a law that prohibits from January 12, 2014 the export of unprocessed nickel, copper ores, as well as iron, manganese, lead, zinc, bauxite, ilmenite. In accordance with the law, ore export is provided for for three years, then for the ore processed and purified inside Indonesia, mainly nickel, an export ban is introduced. Some amendments are made to the law that are aimed at facilitating the fate of the mining companies in the country. Mitting elements in the Law Touch Freeport McMoran Copper and Gold and NewMont Mining Corp (USA).
