In Issue 1 of RHTLaw Taylor Wessing’s Indonesia Practice Bulletin, our Indonesia Practice team shared key insights on Indonesia’s new mining regulations.
The last three years saw a significant increase in the export of mineral ores from Indonesia following the enactment of the new Mining Law (Law 4/2009) in 2009.
The Ministry of Energy and Mineral Resources (“ESDM”) reported that exports of nickel ore increased by 800%, iron ore by 700%, and bauxite by 500%. This occurred despite the Mining Law mandating that miners must process and refine the ore within the country. This mandatory requirement will take effect on 12 January 2014.
As yet, mining companies have not put together a comprehensive plan to build domestic refinery facilities to meet the requirements of the new law. It was against this backdrop that the Government of Indonesia recently issued a series of regulations that were intended to accelerate the implementation by mining companies of their processing and refining obligations.
Please click on the link below to view the bulletin:
Indonesia Practice Bulletin Issue No. 01
As part of RHTLaw Taylor Wessing’s value added services, our Indonesia Practice team will be sharing key legal insights about Indonesia through our regular bulletin.
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