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Post by Jalan Terus on Oct 20, 2017 12:14:02 GMT 7
Belitung was almost thirty thousand, accounting for over twofifths of the total population of the island. With the Dutch acceptance of Indonesia’s independence in 1949, control of the company passed to the Indonesian government. Full ownership of the mine finally passed to the Indonesian government after its nationalization in 1958 along with other Dutch assets following a dispute over the then Dutchcontrolled West Irian. In the 1990s, faced with the collapse of the price of tin, the mine’s owner, Indonesian state-owned company, PT Tambang Timah, decided to cease operations. Belitung actually consists and today some 12 percent of the island’s population is of ethnicChinese descent. Many of them set themselves up as traders and small businessmen and the ethnic-Chinese are now important players in the local economy. Despite the depressed price of tin on world markets in recent years, tin mining continues to be important to the local economy. But Belitung is no longer beholden to of the main island and almost two hundred smaller islands surrounding it. Source: Temporaktif
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