Land rehabilitation
Search documents
Indonesia shortens mining production quotas to one year
Yahoo Finance· 2025-10-08 10:49
Group 1 - Indonesia has reduced the validity of mining production quotas from three years to one year, effective from October 3, aiming to stabilize commodity prices, particularly for coal and nickel [1][5] - Quotas for 2025 remain in effect, but miners must reapply for quotas granted for 2026 and 2027, with work plan and budget proposals required between October 1 and November 15 each year [2] - The Indonesian Coal Mining Association (APBI) expressed concerns about the limited time for RKAB submission and approval for 2026, emphasizing the importance of business sustainability and investment certainty [3] Group 2 - New regulations require miners to allocate specific funds for land rehabilitation post-mining as a prerequisite for RKAB approval, aligning with the ministry's recent suspension of 190 mining permits for non-compliance [3][4] - Recent enforcement actions included the seizure of a 148-hectare area at PT Weda Bay Nickel's concession and a 173-hectare area managed by PT Tonia Mitra Sejahtera due to lack of necessary licenses [4] - These regulatory changes have impacted nickel prices, as Indonesia is the largest producer of nickel products globally [5]