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SMH reported as Indonesia moves to ban the export of raw materials including tin Australian miners are seizing an opportunity to expand.
SMH reported as Indonesia moves to ban the export of raw materials including tin Australian miners are seizing an opportunity to expand.
As quoted in the market news:
A band of aspiring tin miners head the list of companies that stand to benefit if Indonesia goes through with reforms it has threatened in recent months.
Australia’s northern neighbour is the world’s biggest exporter of tin, but some analysts believe supply of the base metal could be hindered by Indonesia’s plans to impose export taxes, ban the export of unprocessed minerals and diminish rates of foreign ownership in mining projects.