Malaysia set to gain from Indonesia’s ban on bauxite exports – by Zunaira Saieed (The Straits Times – January 1, 2023)

https://www.straitstimes.com/

KUALA LUMPUR – Malaysia, once among the world’s top 10 biggest bauxite suppliers to China, is set to emerge as a beneficiary of Indonesia’s latest ban on its export.

According to Indonesia’s customs data, China imported 17.8 million tonnes in 2021 from the country, accounting for about 15 per cent of its total imports. China, the world’s largest consumer, imported 107.42 million tonnes of bauxite in 2021, according to data from Statista.

“In this situation, if a country (Indonesia) has imposed a ban on the export of bauxite, then the global demand will shift to any other country that can supply those resources,” Malaysian Minister of Natural Resources, Environment and Climate Change Nik Nazmi told The Straits Times.

“In this case, demand for bauxite from Malaysia will be high, especially from China,” Mr Nik Nazmi told The Straits Times.

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