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Indonesia ban driving Malaysia bauxite exports

Malaysia, the Philippines, and Australia are benefiting from Indonesia's ore export curbs

Published Fri, Jun 26, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Jakarta

    MALAYSIA is emerging as an unexpected beneficiary of Indonesia's ban on ore exports as mining companies from its larger South-east Asian neighbour pump cash into local bauxite deposits to meet demand from China.

    At least five Indonesian miners invested in Malaysia by the end of last year, teaming up with partners to extract the ore and ship it to China, according to Erry Sofyan, chairman of the Association of Indonesia Bauxite and Iron Ore Producers. More companies may follow, Mr Sofyan said in an interview in Jakarta.

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