Indonesian Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia has decided to postpone the planned adjustment of mining royalties for commodities including copper, tin, nickel, gold, and silver in order to develop a more refined proposal.
Speaking recently in Jakarta, Bahlil said that after listening to input from the public and industry players, he decided to put the plan on hold. The goal is to formulate a mutually beneficial scheme that benefits both the state and companies.
He further explained that the public hearing held on May 8, 2026, regarding the proposed royalty rate changes for the above commodities was essentially a public awareness campaign, and no final decisions have been made. The government is still considering options around a target in June, and even if adjustments are necessary, an ideal solution must be found that safeguards companies' reasonable interests while maximizing state revenue.
Written by Cora Ji, jiruyan@mysteel.com
