Market News
Indonesia Dinamika will receive 2.4 million tons of export quota of bauxite
An official from Indonesia Mining Department revealed that they have signed a letter of recommendation, will give Indonesia Dinamica Mineral Company (PT Dinamika Sejahtera Mandiri) with 2.4 million tons of export quota of bauxite, valid until July in next year. Meanwhile, Dinamika confirmed that they will soon get export licenses and make the shipment at least two weeks later. The company currently have about 300,000 tons of inventory, the source said. The bauxite mine is located in Si Jaliman Dan, reserves of about 40 million tons.