Bauxite trade remains uncertain as Indonesia tightens laws
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Published: Wednesday, 28 November 2012
Low iron ore stocks could result in additional buying, boosting shipping rates
By Wayne Yamada
There was uncertainty in the bauxite
shipping market this week after Indonesia’s new rules
cut export volumes over the summer months to almost zero.
In early November the Indonesian Supreme Court annulled
parts of these laws, yet it remains unclear whether some rules
will remain...