Indonesia’s government has revised its mining laws allowing mines to extend their permits in order to boost investment.
The revisions, which centralize and hence ease bureaucratic procedures for major miners, were sanctioned by Indonesia’s government after five years of deliberation, to boost the downstream industry of the country. The revisions also permit miners to increase the size of mining zones and allows mining activity close to natural water bodies.
The Indonesian government’s mining law revisions are expected to boost the country’s coal, nickel and copper mining sectors. Indonesia is already in the pursuit of making its metal supply chains self-sufficient, banning exports of ores, and expects these revisions to further benefit the metals industry.
The revisions were supported by the country’s mining associations, however, they were met with opposition by certain environmental and civil liberty groups, as reported by local media.