Indonesia
INDONESIA SET TO IMPLEMENT INCREASED MINERAL AND COAL ROYALTIES NEXT WEEK
Indonesia's Minister of Energy and Mineral Resources, Bahlil Lahadalia, announced that a new progressive royalty rate for key mineral and coal commodities will take effect in the second week of April 2025. The new rates, outlined in a finalized Government Regulation (PP), will affect six major commodities: coal, nickel, copper, gold, silver, and tin. Royalty rates will now adjust based on global prices—rising when commodity prices increase, but remaining unchanged if prices stay flat. Bahlil emphasized that this approach is a balanced solution aimed at benefiting both the government and mining companies. Additional Ministerial Decrees will be issued to implement the regulation in detail. The policy has sparked mixed reactions within the industry, but the government asserts it is designed to serve national interests. According to Tri Winarno, Director General of Minerals and Coal, the tariff changes were based on evaluations of company financial reports over two years, showing no signs that the increase would harm business cash flow. The government is targeting IDR 124.5 trillion in Non-Tax State Revenue (PNBP) from the mineral and coal sector in 2025 and urges industry players to support the initiative, especially as Indonesia seeks to improve its fiscal capacity compared to other countries.Source: https://katadata.co.id/berita/industri/67f63bcabf34f/kenaikan-tarif-royalti-minerba-akan-berlaku-minggu-depan (ICE GIACARTA)
Fonte notizia: Kata Data, 9 April 2025
