Market Report, "Indonesia Mining Report Q4 2012", Published
We have downgraded our 2016 mining industry forecast from US$143bn down to US$125bn in light of a significantly weaker demand and price scenario for Indonesia's main commodity exports. We also foresee slow growth in base metal production from the country, which further contributes to our mining industry value downgrade. Despite our low production growth rate forecasts for other metals, the country will remain a dominant mineral exporter in the region and will retain its status as the largest thermal coal...
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