December 04, 2008

Indonesian tin quota proposal submitted to president

Bloomberg reported that Mr Eko Maulana Ali governor of Indonesia’s Bangka Belitung province told a media briefing in Jakarta that a proposal to introduce tin export quotas from next year has been submitted to Indonesia’s president by the energy and mineral resources ministry.

Mr Eko Maulana Ali said that the ministry has submitted the export quota proposal to the president; the quota is for 90,000 tonnes a year. He added that the quota proposal was submitted after talks between the province, tin mining companies and Indonesia's trade ministry and may be implemented next year.

Mr Eko said that the proposal is pending Mr Susilo Bambang Yudhoyono president of Indonesia for approval.