Indonesia last month said the world’s biggest exporter of refined tin is planning to ban exports of the metal in favour of attracting investment to further process it domestically. The timeline for implementing such a ban has not yet been decided.The policy is similar to what the resource-rich country has implemented for developing a downstream processing industry for nickel ore. But unlike nickel, Indonesia already exports high-purity refined tin.
“We support all regulations that will be made by the government but we ask for their consideration that this downstreaming be carried out in stages,” Alwin Albar, chairman of industry group Association of Indonesian Tin Exporters, said at a hearing in parliament.He added state tin company PT Timah, where he is a director, needs around two years to develop its existing tin chemical production facility and even longer to secure markets for its products.
Alwin also warned that imposing an abrupt export ban while domestic use remains low could trigger smuggling.
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