Over the past three years, there have been many developments affecting Indonesia's mining industry. The COVID-19 pandemic, global energy crisis, geopolitical instability from the Russia-Ukraine conflict, supply disruption and …
→ WhatsApp: +86 18221755073The mining licensing process is strictly regulated by the government. Mining companies are required to obtain a mining business permit (IUP) before starting their operational activities. The government also sets various technical, financial and environmental requirements that must be met by companies in order to obtain this permit. 3.
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→ WhatsApp: +86 18221755073Companies engaging in mining business activities in Indonesia can be established with foreign investment, but they are subject to a divestment requirement, as set out under Law No. 4 of 2009 regarding Mineral and Coal Mining (the Mining Law) and Government Regulation No. 23 of 2010 regarding the Implementation of Mineral and Coal Mining Business …
→ WhatsApp: +86 18221755073Indonesia possesses a wealth of mineral resources. Compared to the world's total reserves, the country is ranked first for nickel, second for tin, fifth for gold, sixth for bauxite, sixth for coal and …
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→ WhatsApp: +86 18221755073The mining industry in Indonesia is regulated by way of mining laws. The main regulation is Law 4/2009 on Coal and Mineral Mining, which is further implemented by various regulations and decrees issued by the central government, the Ministry of Energy and Mineral Resources (MEMR) and regional governments at the provincial and regency or municipal levels.
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→ WhatsApp: +86 18221755073"Welcome to the twelfth edition of PwC Indonesia's Mining in Indonesia: Investment and Taxation Guide. Since the last edition of this publication, there have been many developments affecting …
→ WhatsApp: +86 182217550731 In Indonesia, holders of a Mining Business License (Izin Usaha Pertambangan or "IUP")or SpecialMining Business License (Izin Usaha Pertambangan Khusus or "IUPK")("Mining LicenseHolders")are required to manage and restore any environmental damage or pollution during mining operations, as outlined in Minister of Energy and Mineral Resources …
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→ WhatsApp: +86 18221755073Indonesia is the world's largest nickel producer and produces significant quantities of copper, cobalt, tin, and gold. In 2023, mining contributed to 11.9 percent of Indonesia's gross domestic product. Over the last 15 years, Indonesia has imposed—and at times loosened—bans on raw resource exports and local ownership requirements.
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