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View all search resultsASEAN countries might want to come up with more incentives to boost added value in their downstreaming industries amid the global shift to cleaner energy, which has increased demand for critical minerals and mining output.
State-owned miner Aneka Tambang (Antam) said it had shifted its bauxite sales to the domestic market, with the company reporting that the efforts had paid off, compensating for the impact of Indonesia’s export ban on the commodity.
Rare earths are considered to be lucrative and of strategic value because they are used in the manufacturing of military equipment, lasers, smartphones and magnets found in electric vehicles and wind turbines.
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