TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsGovt postpones mining royalty hike
The government believes that climbing commodity prices have created windfall profits for mining companies, requiring an adjustment to the state's revenue share.
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Risky business: Illegal sand quarries are seen on April 22, Earth Day, at Pekan Bada, Aceh. (AFP/Chaideer Mahyuddin)
T
he government has decided to postpone planned royalty rate hikes for key mineral commodities following feedback from industry players, stating that the proposed increases remain 'not a decision' but part of a public hearing process.
The Energy and Mineral Resources Ministry had been reviewing revisions to Government Regulation No. 19/2025, which would raise non-tax state revenue rates for copper, gold, silver, nickel and tin.
Under the proposals, copper concentrate royalties would climb from a top rate of 10 percent to 13 percent, while gold royalties would reach up to 20 percent from the current top rate of 16 percent, and tin royalties would potentially double to 20 percent.
However, speaking to reporters, Energy Minister Bahlil Lahadalia emphasized that no final decision has been made.
“What’s been [disclosed during] the public consultation isn’t a [definite] decision,” he told reporters in Jakarta on Monday. “If the feedback isn’t good, we’ll immediately revise it. The government regulation doesn’t exist yet.”
Local brokerage BRI Danareksa Sekuritas warned that the proposed increases could pressure mining companies’ profit margins and hamper expansion and investment due to regulatory uncertainty. The firm noted, however, that the policy could boost state revenue amid high global commodity prices.
Bahlil said he has received input from both the public and entrepreneurs.
