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Indonesia loosens restrictions in mining law

The Indonesian government is amending the Mining Law 2009 to loosen several restrictions, in an effort to contribute to national economic growth.
Indonesia loosens restrictions in mining law ảnh 1Illustrative image (Photo: Jakarta Post)
Jakarta (VNA) – The Indonesian government isamending the Mining Law 2009 to loosen several restrictions, in an effort tocontribute to national economic growth.

Speaking to a lower house’s committee on February 13,Indonesian Minister of Energy and Mineral Resources Arifin Tasrif announcedfive principles of law revisions, including economic growth, energy security,natural resources and environment protection, and sustainable development.

The government also hopes that mining companies will investin downstream industries such as coal-fired power and coal gasification plants.

The largest Southeast Asian economy initially targetedputting 51 nickel and bauxite processing plants into operation by 2022, but nowdecreasing it to 38./.
VNA

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