JAKARTA -- Shares in miners and metal producers have swung wildly as Indonesia's relaxing its nickel export ban raised hopes about their business prospects as well as concerns over falling prices of the metal.
Indonesia was once the world's largest producer of nickel, which is used in stainless steel. The government uniformly banned exporting the unprocessed ore in 2014, seeking to support the nation's smelting industry, but eased that ban Jan. 12 to boost government income and hiring.
