IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 12 Jan 2017 | Removal date: open ended
Still in force

Export ban

On 11 January 2017, the Indonesian government issued government regulation no.1/2017 amending its mineral export ban (cf. related state acts). The regulation allows mining companies to continue exporting copper concentrate, nickel ore, and washed bauxite. However, they will be required to switch their contracts with the government to a special "IUPK" mining license. Furthermore, they will have invest into Indonesian smelters within five years and divest 51 percent of their shares to the government.

De facto, this amendment does not change the restrictions in Indonesia's mining sector but instead provides more time for companies to adjust to the ore export ban.

Furthermore, on the same say of this amendment, the government has revoked the export license for Indonesia's largest copper producer (cf. related state acts).

Update

On 31 March 2017, the Indonesian Ministry of Energy and Mineral Resources published regulation 28/2017 providing further flexibility for the adjustment time span. The regulation allows for the relaxation of the rules throughout the duration of the "IUPK" or "for a certain period of time in order to allow the continuation of operations" (own translation, art.19).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

142 Non-ferrous metal ores & concentrates
2603 Copper ores and concentrates.
260300 Copper ores and concentrates.
2604 Nickel ores and concentrates.
260400 Nickel ores and concentrates.
161 Chemical & fertilizer minerals
2530 Mineral substances not elsewhere specified or included.
253090 Other

Please report this page in case you detect an inaccuracy in its content.