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Indonesia flips on exports

Freeport-McMoRan (US:FCX) is getting the carrot and stick in tandem, as the Indonesian ore and concentrate export limits looked to be relaxed at the same time a 51% divestment rule is brought in.

Mining Journal
Round and round we go: Jakarta has worked out a compromise on mining exports

Round and round we go: Jakarta has worked out a compromise on mining exports

Nickel fell 5% almost immediately after Indonesia announced the major change to the export ban, originally expected to come in on January 12.  There was relief in the change but there was a major kick...

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