According to Japanese media reports, since May 2012, Indonesia to stop the export of nickel ore and other raw minerals, last week, Indonesia has clearly defined the export benchmark price (HPE) is expected to Indonesia this week to resume ore exports.

It is reported that Indonesia's long-term to stop the export of ore, or will lead to production cuts due to a higher dependence on imports of Indonesian nickel. In addition, unprocessed minerals required to pay 20% export tax by the mine owner or borne by the smelting by, as well as all relevant ministerial decree residual contradictions, etc., is still subject to be resolved.


Other News:
Japanese media: Indonesia this week to restore ore exports
India's rainy season damaged iron ore industry
INA Rolling How to choose the application of the principles
The ntn aligning ball bearing installation failure detection method
Steel City ＂boring＂: weak balance can be maintained long?
The Zhijun case with zero tolerance of corruption
The Diaoyu Islands have something big happens: Beijing, Japan's patience to the
Iraqi Oil Minister said that Iran did not substantially reduce crude oil product