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Indonesia Hopes to Attract Investment Through Banning Mineral Ore Exports

Indonesia is home to one of the largest mineral deposits on the entire planet. Consisting of a whopping 17,000 islands, the Asian country mines and produces a plethora of minerals including nickel, gold, bauxite, tin, copper and coal. In recent years, the Indonesian government has been mulling over banning the export of certain commodities, especially unprocessed metals that are currently in high demand.

By the start of the year, Indonesia was facing a World Trade Organization lawsuit over banned nickel exports because it is one of the…

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NOTE TO INVESTORS: The latest news and updates relating to Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) are available in the company’s newsroom at http://ibn.fm/UURAF

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