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Asia Sentinel

Indonesia Wins Gamble Over Ore Export Ban

Our Correspondent
Aug 29, 2014
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Indonesia appears to have won its gamble to force multinationals to raise the domestic value of their operations after a complete ban on raw mineral ore exports until the multinationals agreed to process their exports domestically.

The Denver, Colorado-based Newmont Mining Corp., parent of PT Newmont Nusa Tenggara, said in a printed statement earlier thi…

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