Bea out for mineral exports will be applied this year

Jakarta-The government will continue to pursue mineral mining companies in order to build a processing plant in the country. One way, now the Ministry of Industry (Kemperin) proposed that the mining of raw mineral bauxite, copper, nickel, iron ore and iron sand, subjected to Bea out (BK) is high.

Minister of Industry, MS Hidayat explained, the determination of BK is a transition to a ban on mineral exports in 2014. Law No. 4 / 2009 on Minerals and Coal export ban was so basic.

Of course, on whether the mineral BK apply depending on the decision of finance ministers. After all, yesterday, Hidayat pointed out, "BK minerals will be implemented in stages this year." Unfortunately, he did not specify the amount.

Estimated Hidayat, the application of BK can attract mineral investment downstream industry at least U.S. $ 10.8 billion. You see, this will hamper the application of BK export raw minerals on a large scale. This method also keeps the mine reserves.

As an illustration, the current proven reserves of bauxite only the remaining 108 million tons, and exports reached 15 million tonnes of bauxite per year. If left unchecked, the bauxite will be exhausted within the next seven years. Impact, the aluminum manufacturing industry in the domestic shortage of raw materials.

Hidayat targeting the application of BK bauxite industry to encourage investment in domestic aluminum production capacity of 7 million tons per year. Investments will be scooped from the processing of the mine is predicted to reach U.S. $ 8.4 billion.

Director General of Industrial Manufacturing Base Kemperin, Panggah Susanto, adding, BK for iron ore and iron sand is the most readily adoptable. "Hopefully November already realized," said Panggah.

Bimo Budi Satrio, Corporate Secretary PT Aneka Tambang Tbk (Antam) to support that effort. Moreover, Antam have prepared themselves by building a nickel ore processing plant, through the Chemical Grade Alumina project in Tayan, West Kalimantan, worth U.S. $ 450 million.

Tayan project that began construction in April 2011. "We are still exporting nickel ore, but later can be processed alone," said Ben.