Indonesia Postpones Higher Royalties and Export Duties on Minerals Amid Industry Feedback
Indonesia has decided to delay the implementation of higher royalties and export duties on minerals, including coal, as it seeks to develop a policy that balances government revenue needs with the interests of mining companies. The Energy and Mineral Resources Minister, Bahlil Lahadalia, announced the postponement after receiving feedback from the public and industry stakeholders. The government aims to increase revenue from the mining sector but is cautious about imposing measures that could burden the industry.