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10 AUGUST 2017 AL CIRCLE

Indonesia’s export of bauxite is estimated to drop further in 2017

EDITED BY : HEENA IQBAL 1MINS READ

Indonesia possesses significant reserves of bauxite and has become a major exporter to China. The country was the second leading bauxite-producing country in 2013. But after the export ban imposed in 2014, the production dropped significantly in the country. Indonesia imposed a banned in order to improve domestic processing. The government operated 32 mineral processing and refining corporations from 2012 to 2016.

On January 12 2017, Indonesia government lifted ban allowing the export of bauxite and nickel within limitations decided by the government. Recently, the country loaded 56,000 tonnes of high-quality bauxite to Lubei Group after the government lifted ban on bauxite export. 

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Kendawangan and Tayan mines represent the largest bauxite reserves in Indonesia, having estimated reserves of 42 million tonnes and 115.8 million tonnes respectively.

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As shown in the data, Indonesia is estimated to export a total volume of 6636 tonnes of bauxite in 2017, compared with 7764 tonnes in the previous year. The country will see a notable drop in the export of bauxite.

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Indonesia exports a substantial amount of bauxite to Thailand. The country will continue to export bauxite to Thailand in 2017, according to the recent estimated data.


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EDITED BY : HEENA IQBAL 1MINS READ

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