Indonesia's next leader unlikely to ease tough mineral export rules


  • World
  • Wednesday, 12 Mar 2014

JAKARTA (Reuters) - Indonesia's next president is unlikely to make major changes to the country's controversial mining rules, after major political parties backed an export ban that has led miners to halt $6 billion in annual mineral exports.

The broad political support will disappoint miners, like Freeport-McMoRan Copper & Gold, Newmont Mining Corp, that may have been hoping the tough new rules were only temporary measures imposed by a lame duck administration.

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