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Jakarta Post

Indonesia tightens grip on nickel and coal exports

  • Norman Harsono

    The Jakarta Post

PREMIUM
Jakarta   /   Mon, January 20, 2020   /  12:36 pm
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Workers monitor activities at a nickel mine owned by nickel producer PT Vale Indonesia in Sulawesi in this file photo.(KONTAN/Cheppy A Muchlis)

Indonesia started 2020 with two important policies in the mining sector: the ban on nickel ore exports and the requirement that coal companies export coal using local ships. As the country is a top exporter of both commodities, the policies will have a significant impact on the global market. Energy and Mineral Resources (ESDM) Ministry regulation No. 11/2019 bans nickel ore exports starting in January while Trade Ministry regulation No. 80/2018 requires coal exports to use Indonesian-owned ships starting in May. Both regulations were designed to create more business opportunities in Indonesia, but miners have raised concerns about the policies’ impacts on global commodity prices and supplies. Nevertheless, the Energy Ministry’s coal and mineral director Gen. Bambang Gatot Ariyono said his office would remain steadfast in enforcing regulations by “tightening in...