{
    "success": true,
    "data": {
        "id": 1731474,
        "msgid": "bahlil-delays-mining-royalty-implementation-after-receiving-business-input-1778496826",
        "date": "2026-05-11 16:45:46",
        "title": "Bahlil Delays Mining Royalty Implementation After Receiving Business Input",
        "author": "",
        "source": "TEMPO_ID_BISNIS",
        "tags": "",
        "topic": "Mining",
        "summary": "Indonesia's Minister of Energy and Mineral Resources, Bahlil Lahadalia, has postponed the application of new mining royalties for copper, tin, nickel, gold, and silver to develop a more balanced formulation that benefits both the state and businesses. This decision follows public and industry feedback, with the original target for June 2026 now under review to avoid harming entrepreneurs while optimising national revenue. The move addresses market concerns, as evidenced by a dip in the Jakarta Composite Index, amid significant proposed increases in royalty rates for commodities like gold and tin that could pressure the sector given high global prices.",
        "content": "<p>Energy and Mineral Resources Minister Bahlil Lahadalia has delayed\nthe implementation of mining royalties for copper, tin, nickel, gold,\nand silver commodities to develop a better formulation.<\/p>\n<p>\u201cAfter hearing input from the public and business friends, I will put\nthis on hold to build a good formulation that is mutually beneficial,\u201d\nBahlil stated when met at the Ministry of Energy and Mineral Resources\noffice in Jakarta on Monday, 11 May 2026, as quoted by Antara.<\/p>\n<p>The new royalty formulation, he said, will be pursued to become one\nthat benefits both the state and businesses.<\/p>\n<p>Bahlil conveyed that the public hearing session on 8 May 2026\nregarding the proposed changes to royalty rates for copper, tin, nickel,\ngold, and silver commodities was for socialisation and not yet a\ndecision.<\/p>\n<p>\u201c(The June target) we are still considering again. Even if we have to\nfind an ideal formulation, it must not harm businesses but also allow us\nto optimise state revenue,\u201d Bahlil said.<\/p>\n<p>The statement responds to the Jakarta Composite Index (JCI) on the\nIndonesia Stock Exchange (BEI), which opened weaker on Monday morning by\n9.46 points or about 0.14 percent to the level of 6,959.94.<\/p>\n<p>Equity Analyst at PT Indo Premier Sekuritas (IPOT), Hari Rachmansyah,\nin Jakarta on Monday, assessed that the JCI\u2019s movement over the next\nthree trading days will be heavily influenced by global geopolitical\ndynamics and commodity royalty tariff policies.<\/p>\n<p>According to Hari, the policy is no longer mere discourse because it\nis targeted to take effect in June 2026. He explained that of all the\naffected commodities, gold records the most significant percentage\nincrease in the tariff at the lower bound, reaching up to 100\npercent.<\/p>\n<p>That condition is seen as providing direct pressure amid gold prices\nthat remain at high levels globally.<\/p>\n<p>Meanwhile, tin is assessed as the commodity most severely impacted\noverall because the tariff increase occurs at both ends of the royalty\nrange simultaneously.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bahlil-delays-mining-royalty-implementation-after-receiving-business-input-1778496826",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}