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Indonesia metal ores mining market forecast to expand by 12% CAGR during 2013 to 2018

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Mining of Metal Ores in Indonesia: ISIC 13 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-01 07:56:04
Market for mining of metal ores in Indonesia grows 19% in 2012 and by 23% annually on average over 2007-2012 due to government support for development of local metal processing industry.

Share of export penetration shrinks by half, should diminish further by 2014 when an export ban on non-processed ores comes into force. Grasberg mine is the largest gold mine and the third-largest copper mine in the world, and one of the major sources of revenue for the country.

Industry expected to see 12% annual growth on average over 2013-2018.

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