JAKARTA : Indonesian officials are investigating whether there have been illegal nickel ore shipments to China, more than three years after Jakarta banned exports of the commodity, its mining minister said on Friday.
The policy had boosted the value of its nickel product exports to over $30 billion in 2022 from $1 billion in 2015, Indonesian government officials said. "We are collecting data and verifying them. There are requirements that must be met to conduct exports, so how did the ore slip out?" Arifin said. He did not confirm the estimated size of the ore exports.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Indonesian authorities investigate alleged illegal nickel exports to China worth $1.3bAlleged illegal nickel export to China totalling 5.3m tonnes and worth 14.5 trillion rupiah (S$1.3b) caused 575b rupiah loss of royalties and taxes. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Brother of Indonesian revenge porn victim calls for perpetrator to be ‘locked away in prison forever’The case, which has gone viral online, highlights Indonesia’s growing problem of rampant online sexual violence. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Freeport Indonesia awaits export permit as copper concentrate piles upJAKARTA : Copper miner PT Freeport Indonesia, a unit of Freeport-McMoran, said on Thursday it has not yet obtained a government permit to continue exporting its materials, risking overcapacity at its storage facilities in the eastern region of Papua.Indonesia in June banned exports of raw minerals to attr
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Philippines accuses China of more 'harassment' near disputed reefMANILA: The Philippines on Wednesday (Jul 5) accused China's coast guard of harassment, obstruction and 'dangerous manoeuvres' against its vessels, after another incident near a strategic feature of the South China Sea that has become a flashpoint between them. Philippine coast guard boats were assisting a
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Chinese AI startup Fourth Paradigm receives China's nod for Hong Kong IPOHONG KONG : Beijing Fourth Paradigm Technology, an AI startup, has completed procedural work for a Hong Kong initial public offering, becoming only one of a handful of companies to get the nod from China's securities regulator since new rules became effective this year.The company has successfully complet
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Torrential rains kill at least 15 in southwest ChinaBEIJING — 15 people are dead and four are missing after torrential rain lashed the Chinese metropolis of Chongqing, local officials and state media said Wednesday (July 5).
Source: TODAYonline - 🏆 1. / 99 Read more »