Indonesia Mining Q4 2019
On September 2, Indonesia announced that it will bring forward a nickel ore export ban that was to go into effect inJanuary 2022 to January 2020 instead. This decision reinforces the country's reputation of high policy uncertainty and poor miningoperating environment. We have been cautious regarding our mining stance on Indonesia for a while since the governmentimplemented and then relaxed the mineral ore export ban in 2014 and 2017, respectively, citing in previous analyses rising resourcenationalism and increasing risks to foreign mining investors in the coming years.
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