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Indonesia metal-ore ban: copper exports to resume in August

Indonesia introduced in January its controversial ban on exports of unprocessed minerals and ore. Under a revision of the tax, Freeport will pay a 7.5 percent duty on its copper concentrate exports, but that rate falls as it spends on

Copper drops after last week 19-week high

Copper fell in London as stockpiles expanded the most since March and some investors viewed last week’s rally as excessive. The LME’s three-month copper contract on Monday was down 0.4 per cent at $7,125 a metric ton. Last week, copper

Indonesia slaps ban on mineral ore exports

“The President has signed a decree stipulating that beginning January 12, all raw mineral or ores are banned from being exported,” Hatta Rajasa, the coordinating economic minister, said after a limited cabinet meeting led by President Susilo Bambang Yudhoyono at