Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Indonesia to Ban Ore Export by IUP Holders From May, Wacik Says

Feb. 20 (Bloomberg) -- Indonesia will ban exports of metal ore by companies that hold IUP Operation Production, or mining permits issued by local governments, starting in May, Energy and Mineral Resources Minister Jero Wacik told reporters in Jakarta.

IUP holders could be exempted from the regulation by submitting business plans on their ability to process the raw metals locally, Wacik said. The director general of coal and minerals will review the proposals, he added.

Link to Company News:{BRMS IJ <Equity> CN <GO>} Link to Company News:{FCX US <Equity> CN <GO>} Link to Company News:{NEM US <Equity> CN <GO>}

To contact the reporter on this story: Yoga Rusmana in Jakarta at

To contact the editor responsible for this story: Greg Ahlstrand at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.