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Indonesia commodity and mining sector developments

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2026-08-31 08:45 UTC → 2026-09-11 07:04 UTC · added removed

Indonesia is implementing several strategic economic and regulatory measures to strengthen its commodity and energy sectors. President Prabowo Subianto announced the creation of the Strategic Mineral and Commodities Exchange, set to launch on January 1, 2027. This initiative intends to allow the nation 2027, to establish benchmark prices for exports like nickel, coal, and palm oil. Parallel to these market initiatives, the government is focusing on energy and financial regulations. The Ministry of Energy and Mineral Resources is targeting an increase in geothermal energy utilization to reach 15 percent of the national energy mix by 2050. In the mining sector, the government introduced Government Regulation No. 21 of 2026, which updates rules for 2026 regarding Natural Resource Export Proceeds (DHE-SDA). The This regulation offers optional treatment for certain exporters, allowing them to place at least 30 percent of proceeds in designated foreign exchange banks for three months, rather than months. The government has identified 15 authorized banks for these placements, comprising five state-owned banks—Bank Mandiri, BRI, BNI, BTN, and BSI—and 10 non-state-owned banks, including Standard Chartered, Deutsche Bank, and JP Morgan Chase. As of August 31, 2026, the stricter requirement mining sector’s non-tax revenue reached 108 trillion rupiah (US$6.15 billion), an increase of placing 100 21 trillion rupiah from the previous year, driven by higher coal and nickel prices. In response to market volatility, Kadin Indonesia has urged companies to accelerate technology adoption, such as AI and electrification. Meanwhile, the energy sector is focusing on reducing import dependency; Pertamina is being encouraged to boost domestic LNG production, with projections suggesting LNG could account for over 50 percent of proceeds the gas supply by 2029. Parallel to these initiatives, the Ministry of Energy and Mineral Resources is targeting an increase in state-owned banks for 12 months. geothermal energy utilization to reach 15 percent of the national energy mix by 2050.

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  1. 2026-09-11 07:04 UTC Indonesia commodity and mining sector developments
  2. 2026-08-31 08:45 UTC Indonesia commodity and mining sector developments

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