Indonesian mining firm PT Amman Mineral Nusa Tenggara, a subsidiary of PT Amman Mineral Internasional Tbk, has reportedly secured government permission to export 900,000 wet metric tonnes of copper concentrate until May 2024. This move comes despite Indonesia’s recent ban on raw mineral exports such as copper and bauxite to boost the domestic metals processing industry. However, Amman and a few other firms have been granted temporary exemptions to continue construction on their smelters, which were delayed due to the pandemic. Amman’s copper smelter, currently 60% completed in West Nusa Tenggara, is expected to be built by the end of May 2024.
This newsletter is for information purposes only.
Its contents do not constitute legal advice and it should not be regarded as a substitute for detailed advice in individual cases. Transmission of this information is not intended to create and receipt does not constitute a lawyer-client relationship between Charltons and the user or browser. Charltons is not responsible for any third party content which can be accessed through the website.
If you do not wish to receive this newsletter please let us know by emailing us at unsubscribe@charltonslaw.com