The Minister for Energy and Mineral Resources has issued new regulations providing new opportunities for certain participants involved in the construction of metallic mineral refineries.* The new regulations provide for certain mining licence holders, that are currently involved in the construction of refineries, the right to export the refined output of those refineries until 31 May 2024. In order to be eligible, licence holders must fulfill certain criteria, including having completed half of the overall refinery construction by the end of January 2023.
Prior to exportation under this right, licence holders must obtain a temporary recommendation from the Director General of Minerals and Coal.
*Regulation of the Minister of Energy and Mineral Resources of the Republic of Indonesia Number 7 of 2023 on the Continuation of Construction of Domestic Refinery Facilities for Metal Mineral