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Indonesian Mining Association IMA yang dibentuk pada 29 Mei 1975 merupakan organisasi non pemerintah non politik dan non profit berdiri sejalan dengan landasan hukum Republik Indonesia Menara Prima lantai 24 C D Jl DR Ide Anak Agung Gde Agung Blok Kawasan Mega Kuningan Jakarta Selatan 1291
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The move comes after the government issued a mandate in 2018 stating that major mines have to be at least 51% owned by Indonesian companies Newcrest closes $60m sale of Gosowong mine in Indonesia
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Sources Indonesian Coal Mining Association APBI & Ministry of Energy and Mineral Resources During the 2000s commodities boom the coal mining industry was very lucrative as coal prices were comfortably high Hence many Indonesian companies and wealthy families decided to acquire coal mining concessions on Sumatra or Kalimantan in the late
The Indonesian mining sector plays a critical role in the country s economy contributing significantly to its GDP Indonesia is one of the world s leading producers of a variety of minerals including coal nickel tin and copper which are vital to both domestic industries and international markets Specifically under the sale and
It is no wonder that according to the Canada based think tank Frasier Institute Indonesia s mining sector is often viewed as among the least attractive jurisdictions for investment based on the Policy Perception Index PPI dropping 3 ranks to 69th place out of 77 jurisdictions despite an increase in its PPI points in the Fraser Institute
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Indonesian Production of Coal and Minerals In 2022 the coal production target has been set at 663 million tonnes Initially Indonesian miners were expected to struggle to meet this target due to coal export restrictions imposed by the Indonesian Government in January 2022 to tackle the issue of lack of domestic coal supply for power stations
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It complies with an Indonesian law that requires foreign companies to sell 51% of their stake in local businesses after operating for a certain period The divestment is a requirement for foreign businesses to extend their operating permit in Indonesia and Vale s current contract will end in 2025
Mining company Vale will sell a 14 percent stake in its Indonesian nickel miner Vale Indonesia to bring the holding by overseas firms below the maximum limit Indonesia s mining minister said on
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Indonesia is a major player in the global mining industry Located in the Pacific Ring of Fire the country consists of 17 000 islands with immense mineral reserves and production including coal copper gold tin bauxite and nickel The mining sector has been one of the key sectors contributing to Indonesia s economic growth over many decades