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2026-02-13 18:50:54
[Indonesia Imposes Another Ban! Studying Ban on Exports of Tin and Other Raw Materials for the Next Few Years] ⑴ Indonesian Mining Minister Bahlil Lahadalia said on Friday that the country is studying plans to ban the export of several raw materials, including tin, for the next few years. He stated at a conference, "Last year we banned the export of bauxite, and we are studying banning the export of many other raw mineral commodities, including tin, for the next few years." ⑵ Indonesia has previously banned the export of several raw ores, including nickel ore, bauxite, and copper concentrate, aiming to attract investment in domestic processing industries and export high-value-added products. The minister explicitly stated, "We should no longer export raw materials," and encouraged investors to expand their investment in the processing industry. ⑶ From an industrial perspective, Indonesia's tiered ban on raw ore exports aims to replicate the successful downstream development path of nickel ore, keeping resource profits domestically while simultaneously driving the global supply chain to shift towards Indonesian domestic processing. ⑷ For the global market, if a ban on tin and other commodities is indeed implemented in the future, it will reshape the trade flow of related resources, requiring importing countries to accelerate the search for alternative sources or be forced to accept processing premiums. (5) In the future, attention should be paid to the specific timetable and scope of the ban, as well as whether the construction progress of Indonesia's domestic processing capacity can match the policy pace, so as to avoid a sharp drop in export revenue from impacting the balance of payments.
