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Indonesia Bans Bauxite Exports in Latest Protectionist Move

  • Shipments to be halted from June 2023, President Widodo says
  • Bauxite is used to make aluminum, which advanced on the LME
Updated on

Indonesia will impose a ban on bauxite exports from the middle of next year, the country’s latest move aimed at boosting domestic processing of its mineral resources.

Bauxite is an ore used to make aluminum. Indonesia is the world’s sixth‐largest producer and holds the fifth‐biggest reserves, according to a US Geological Survey report. Exports of bleached bauxite will also be banned.