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The industry has benefited the national coffers since the country opened up to foreign mineral extraction in the mid 1990s.
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Interior Secretary Ryan Zinke has said the country's reliance on foreign minerals poses national and economic security risks.
In good times the foreign earnings from mineral sales push up the value of the local currency making it harder for other kinds of exporters to survive.
At one time, overseas bribery cases largely involved companies that regularly dealt with foreign ministries, like mineral extraction firms and equipment suppliers that ranged from makers of small parts to intricate defense systems.
The oil industry is under great pressure to discover new sources of energy as quickly as possible to alleviate the country's rapidly growing dependence on foreign energy and mineral resources, which has led to surges in prices and supply shortages.
Jokowi has indicated that he will continue to pressure foreign companies, particularly mineral exporters, to maintain the domestic processing of raw materials and other "value-adding" industrial procedures.
Many of the oil and gas companies, as well as the big customers for foreign timber and minerals, are based in the industrialized world.
When the men reached the site of what is now our town, they'd already been platting and mapping for several years and in naming their sites had used up the few words they knew of Sioux or Chippewa, presidents and foreign capitals, important minerals, great statesmen, and the names of their girlfriends and wives.
The state sector includes all large-scale industries, foreign trade, major minerals, banking, insurance, power generation, dams and large-scale irrigation networks, radio and television, post, telegraph and telephone services, aviation, shipping, roads, railroads and the like.
She doesn't want to pay royalties on gold, silver, and other valuable minerals taken by mining conglomerates from the public lands because, she now claims, it would create a dependence on foreign sources of minerals like copper, zinc, and titanium.
The bill targets foreign companies involved in mineral extraction, weapon sales, and the oil industry".
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