Richness of raw materials: Many countries restrict Extracting and exporting raw materials
In August 2023, by means of a referendum, the people of Ecuador decided to ban the mining of copper and other minerals in the Chocó Andino Biosphere Reserve. 67 percent voted to stop mining. A few days earlier, the Indonesian governments imposed an export ban on bauxite in order to process the raw material more intensively in their own country in the future. Thus Ecuador and Indonesia join a list of many countries for which the wealth of raw materials is more like a commodity curse and the population and governments speak out against the (pure) export of raw materials. Increasing local added value, conserving water sources or fear of radioactive contamination, the reasons for the respective measures are manifold. In this publication, we therefore consider some regulations.
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