Prohibited Starting June 2023, Bauxite Exports have skyrocketed in the Last 5 Years: https://bisnis.solopos.com/dilarang-mulai-juni-2023-ekspor-bauksit-ternyata-meroket-5-tahun-terakhir-1505350/22 December 2022
The Ministry of Energy and Mineral Resources (ESDM) said bauxite exports began to increase again from 2016 until now. This was motivated by the increasingly massive construction of smelters.
Based on data from the Ministry of Energy and Mineral Resources, bauxite exports in 2016 were at zero, then increased the following year by US$66 million. In 2018, bauxite exports increased again, more than fourfold to US$263 million. Furthermore, in 2019, bauxite exports almost doubled from the previous year to US$466 million, then in 2020 it amounted to US$555 million, and until November 2021 it decreased by less than 1 percent, to US$535 million.
With this number, it is not surprising that Indonesia is the sixth largest bauxite producing country in the world. Currently, Indonesia's bauxite reserves account for 4 percent of total global reserves.
Bauxite Allowable for Export Starting 2017: http://industri.kontan.co.id/news/bauksit-boleh-diekspor-mulai-2017/8 October 2016
The Ministry of Energy and Mineral Resources (ESDM) allows mineral concentrate of nickel ore and bauxite to be re-exported from next year. Therefore, ESDM is currently preparing a revision of Government Regulation (PP) No 1 of 2014 on the Implementation of Mineral and Coal Business Activities.
Secretary General of the Ministry of Energy and Mineral Resources, Teguh Pamudji, said that the concept of the beleid revision is to loosen the concentrate export, which will be given to mining companies that have special mining permit (IUPK) which is a change from the work contract (KK).
In addition, the government also provides ease of exporting concentrates to companies with unfinished production operation mining permits (IUP OP) to build its smelters. While those who do not want to build a smelter can cooperate with state-owned mines to export their mining products, or invite others who have smelters.
Bauxite Ore Mining in Indonesia
Indonesia Industry Report and Market Research
December 12, 2023
Industry Code : B2322
Forecast to : 2027
Definition
Bauxite Ore Mining in Indonesia This class consists of establishments engaged in preparation for the mining and extraction of bauxite ore. It includes the activities of purifying and raising the quality of the concentrate, which cannot be separated administratively from the mining of the bauxite ore.
Activities
The primary activities of firms in this industry are:
The Bauxite Ore Mining industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.