Indonesian Government Bans Nickel Exports from January 1, 2020

Photo From : Katad
Photo From : Katadata.co.id

SURYAKEPRI.COM – Indonesian government through the Ministry of Energy and Mineral Resources has banned nickel exports from 1 January 2020.

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Regulation of the Minister of Energy and Mineral Resources which will regulate this ban is being processed at the Ministry of Law and Human Rights of the Republic of Indonesia.

Directorate General of Mineral and Coal at the Ministry of Energy and Mineral Resources Bambang Gatot said the government’s reason for accelerating the ban was based on several considerations.

First is the low-grade nickel can already be processed domestically, because of the development of advanced technology.

Moreover, according to him, nickel can be used as raw material for electric car components.