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Nickel smelter of PT Vale Tbk

• 28 Jan 2014

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A general view of the digging of raw nickel ore near Sorowako (REUTERS/Yusuf Ahmad)

The nickel melting process at a nickel smelter of PT Vale Tbk, near Sorowako

Indonesia's ban on exports of key mineral ores - unless they are processed in the country - risks backfiring as weaker commodity prices mean it is not cost-effective to invest in expensive smelters and refineries.

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