Indonesia changes its tune on mining exports, relaxing two year ban. And how the art world has lost its lustre, as buyers from china shy away. Good morning asia, hello world. It is a friday, almost a weekend. Glad you could join us for this edition of Asia Business report. I am this edition of Asia Business report. Iam rico this edition of Asia Business report. I am rico hizon. This edition of Asia Business report. Iam rico hizon. We this edition of Asia Business report. I am rico hizon. We start off with indonesia where the government has done an about face on its ban on raw mineral exports. Indonesia will now allow exports of more unprocessed minerals, a big change from two years ago when the government banned most exports to force Mining Companies to process minerals within the country. The president , joko widodo, explained his decision. Translation we need to make sure that our Natural Resources benefit our own people. Thats the founding principle, and oui thats the founding princ
Peruvian mining exports amounted to US$3.104 billion, which reflected an increase of 15% compared to the same month last year (US$2.707 billion), the <a href="https://www.snmpe.org.pe/"target=" blank"
National copper production reached 240,097 fine metric tons (FMT) in October 2023, a 1.9% rise over the same month of the previous year (235,725 FMT) thanks to the good productive performance by Antapaccay Mining Company, Hudbay Peru, and Southern Peru Copper Corporation.