Latest News:  
Beijing   Cloudy/Light rain    11 / 7 ℃  City Forecast

English>>China Business

Miners may kick off construction of smelters in Indonesia


08:49, November 23, 2012

JAKARTA, Nov. 22 (Xinhua) -- Indonesian Energy and Mineral Resouces Ministry will complete evaluation on the proposals to build smelters by the end of this year, which means the construction of processing plant can begin next year, a senior official said here Wednesday.

At present, as many as 159 proposals with investment commitment of 42 billion U.S. dollars have been accepted by the ministry, said Tatang Sabaruddin, director for mineral and coal at the ministry said.

A task force at the ministry has evaluated the miners' plans on the aspects of environment, economy, regulation and others, said Tatang.

"All the evaluation is due to be completed this year," he told reporters.

The director said that the team would determine the number of smelters to be built.

Indonesia currently has 7 smelters nationwide.

The Indonesian government has imposed 20 percent export tax on 65 unprocessed ores since May, a policy aims at restricting export of raw mining products.

Indonesia aims to ban all unprocessed mining products in 2014.

Recommended Features:
Vibrant Opportunities amid Transition From 'Made in China' to 'Created in China' A Journey to Cultural Renaissance
The Vision of A Pillar Industry China: A Fast-growing Force in IPR IPR in China: Local Roots Bearing Global Fruits
A Decade of Fastest Development Eastern Boom Lightens Western Gloom Chinese firms 'potential Trojan horses'?


Leave your comment0 comments

  1. Name


Selections for you

  1. Weekly review of military photos (2012.11.19-11.23)

  2. Astronomy pictures of the week (11.18-11.24)

  3. The world in photos (2012.11.18-11.23)

  4. Boy saves classmate, loses own leg

  5. 10th China Int'l Auto Exhibition to be held

  6. World's highest-altitude civilian airport to open

  7. Yang Liping: rebirth like a phoenix

  8. Female students of CKGSB

Most Popular


  1. Encourage spending, not saving
  2. Car firms show up in droves
  3. Please show more tolerance for 'vulgar culture'
  4. Build society's bottom line for children
  5. China, Japan, S Korea should promote FTA talk
  6. Photovoltaic spotlight turns to domestic market
  7. 'Background competition' can trap anyone
  8. Potential huge for China to go 'green'
  9. Israel-Hamas ceasefire "victory" for Palestine
  10. Commentary: Hot money needs cooling

What’s happening in China

10th China Int'l Auto Exhibition to be held in Guangzhou

  1. 1st test flight lands at Daochengyading Airport
  2. It's a dog's life in the armed police force
  3. Toll-free roads this Spring Festival
  4. Whistle-blowing dairy manager dies
  5. Man sentenced to death for killing mother