On 14 April 2022, the Minister for Energy and Mineral Resources of the Republic of Indonesia (the Minister) issued a New Decree* that applies to certain mining companies. The New Decree requires applicable companies to submit further documentation and evidence for Ministerial approval, prior to carrying out certain mining exploration, operation or production activities. The New Decree also requires applicable companies to record changes in shareholders, directors and/or commissioners via a new application, called the Minerba One Data Indonesia (MODI). Administrative sanctions are applicable for non-compliance. For further information, please contact your usual BLP lawyer.

*Decree of the Minister for Energy and Mineral Resources of the Republic of Indonesia No. 78.K/MB.01/Mem.B/2022 of 2022