Update Smelters in Indonesia: Law No. 4 of 2009 on Mineral and Coal Mining
The Indonesian Ministry of Energy and Mineral Resources announced that 25 miners holding a Mining Business License (Izin Usaha Pertambangan, or IUP) have finished construction of their smelters in the first half of 2014 in line with Law No. 4 of 2009 on Mineral and Coal Mining (also known as the 2009 New Mining Law), which foresees a ban on exports of unprocessed minerals. General Director at the ministry, R. Sukhyar, said that some of these 25 smelters are still in the commissioning stage, while others are already in the production stage.
25 New Smelters in Indonesia in H1-2014:
| Company | Commodity |
| Indoferro Cahaya Modern Metal Industri |
Nickel |
| Indonesia Chemical Alumina | Bauxite |
| Meratus Jaya Iron Steel Delta Prima Steel Krakatau Posco |
Iron |
| Century Metalindo Indotama Ferro Alloy |
Food |
| Agung Persada Tatanan Indah Cemerlang Irvan Prima Pratama Harapan Mandiri Zirmet Mining Usaha Maju Karya Res Lisbeth Takaras Inti Lestari Bumi Kencana Sentosa Borneo Lintas Serawak Lubuk Katingan Perdana Katingan Inmas Sarana Monochem Surya |
Zirkon |
| Garuda Artha Resources Panja Multi Mineralindo Wahah Tekmindo Bojong Buana Mineralindo |
Kaolin, Zeolite |
Source: Investor Daily