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The governments of Ghana and Indonesia are moving to restrict the export of raw bauxite in order to stimulate domestic processing and refining of the aluminum ore.

Ghana plans to enact legislation to limit raw bauxite exports, while Indonesia will impose an outright ban starting in June 2023. These policies aim to increase the value added to bauxite exports, boost state revenues, and create more jobs in the downstream aluminum industry[1][2][3][4][5].

Citations:
[1] https://thebftonline.com/2024/06/07/govt-moves-to-restrict-raw-bauxite-exports/
[2] https://setkab.go.id/en/govt-to-impose-export-ban-on-bauxite-ore-june-next-year/
[3] https://energycapitalpower.com/ghana-to-restrict-export-of-raw-bauxite/
[4] https://www.alcircle.com/news/ghana-plans-to-tighten-bauxite-export-laws-minister-reveals-111101
[5] https://en.vietnamplus.vn/indonesia-to-ban-bauxite-export-from-june-2023-post245978.vnp

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By Josh N

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