Mining of metal ores industry expected to continue recovering with CAGR of 7.4% over 2016-2021, supported by growing demand from Indonesian iron and non-ferrous metals industries, and expected abolition of nickel ore and bauxite ore export ban
Profit of the mining of metal ores industry decrease by 2.7% to IDR79.7 trillion in 2016, influenced by the continued global commodity price fall
Amid export constraints imposed by the government to raise domestic refining, exports of metal ores fall by 9.6% in 2016
Investments of around USD15 billion in 22 new smelter development projects in 2016 positively impact the mining of metal ores market
Indonesia’s mining of metal ores market sees recovery of 4.2% in 2016, supported by production expansion of non-ferrous metals and basic iron and steel producers
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