Copper Shipments to US Will Adhere to Indonesian Regulations, Says Energy Minister
Jakarta (ANTARA) - Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia stated that copper shipments to the US will adhere to Indonesia's regulations, particularly copper that has undergone downstream processing.
"In these negotiations, domestic regulations will still apply. Hence, even if we have to send copper, everything will be within the framework of applicable regulations," Lahadalia remarked in Jakarta, Friday.
The statement is in response to US President Donald Trump's interest in Indonesian copper.
Lahadalia said he will further coordinate with Indonesian President Prabowo Subianto and Coordinating Minister for Economic Affairs Airlangga Hartarto to discuss copper exports to the US, including any potential shipments.
However, Lahadalia believes that the copper exported to the US will be processed material from downstream activities, not raw copper.
"To my knowledge, everything is in compliance with applicable regulations in our country. However, I will check again and ask for direction from President Prabowo and the coordinating minister," he remarked.
Earlier, US President Donald Trump stated that Indonesia has high-quality copper, following an announcement about the reduction of retaliatory tariffs from 32 per cent to 19 per cent.
President Director of Freeport Indonesia, Tony Wenas, said he is still awaiting detailed information on export tariffs for mining products, particularly copper, destined for the US.
"We do not know the details yet, but US President Donald Trump praised Indonesia's copper for its high quality," Wenas stated in Jakarta on Wednesday (July 16).
"In these negotiations, domestic regulations will still apply. Hence, even if we have to send copper, everything will be within the framework of applicable regulations," Lahadalia remarked in Jakarta, Friday.
The statement is in response to US President Donald Trump's interest in Indonesian copper.
Lahadalia said he will further coordinate with Indonesian President Prabowo Subianto and Coordinating Minister for Economic Affairs Airlangga Hartarto to discuss copper exports to the US, including any potential shipments.
However, Lahadalia believes that the copper exported to the US will be processed material from downstream activities, not raw copper.
"To my knowledge, everything is in compliance with applicable regulations in our country. However, I will check again and ask for direction from President Prabowo and the coordinating minister," he remarked.
Earlier, US President Donald Trump stated that Indonesia has high-quality copper, following an announcement about the reduction of retaliatory tariffs from 32 per cent to 19 per cent.
President Director of Freeport Indonesia, Tony Wenas, said he is still awaiting detailed information on export tariffs for mining products, particularly copper, destined for the US.
"We do not know the details yet, but US President Donald Trump praised Indonesia's copper for its high quality," Wenas stated in Jakarta on Wednesday (July 16).