Government relaxes natural resource export revenue rules for mining exporters
Mining exporters that meet specific criteria may now place at least 30 per cent of their natural resource export proceeds (DHE SDA) for a minimum period of three months. This relaxation of the DHE SDA placement regulations for the mining sector is introduced through Article 18A of Government Regulation (PP) Number 21 of 2026.
This scheme differs from the general provisions for the non-oil and gas mining sector, which require the placement of 100 per cent of DHE SDA for at least 12 months. The policy aims to support macroeconomic stability, deepen domestic financial markets, encourage development financing—particularly for downstreaming investments—and boost export performance.
According to data from the Directorate General of Customs and Excise (DJBC) for the period of March 2025 to July 2026, the government identified 537 tax identification numbers (NPWP) belonging to mining exporters. Following verification with the Directorate General of General Legal Administration (Ditjen AHU), 64 NPWPs, or approximately 12 per cent of the total, meet the criteria to utilise the Article 18A facility. This facility is optional for eligible mining sector exporters.
The facility is available to exporters in the form of limited liability companies (PT) operating in the mining sector that have at least one shareholder from a partner country, with that shareholder holding at least a 10 per cent stake. The government has identified five partner countries: the United States, China, Hong Kong, Australia, and Canada. These nations represent the largest investors in Indonesia’s mining sector and maintain bilateral trade agreements or understandings with Indonesia.
In addition to the relaxation of the amount and duration of placement, exporters utilising this relaxation may place their DHE SDA in foreign exchange banks operating in foreign currency. The government has designated 15 foreign exchange banks as authorised locations for the Special DHE SDA Accounts, comprising five state-owned banks and 10 private foreign exchange banks.
The special DHE SDA facility will take effect from 1 September 2026. Exporters who meet the criteria but do not wish to utilise the facility may opt out by submitting a written statement to Bank Indonesia no later than five working days after the announcement of the exporter list. If no such statement is submitted, the exporter will be automatically deemed to have opted into the special facility.
Exporters who do not utilise the special facility will continue to follow the general DHE SDA provisions under Government Regulation Number 2 of 2026. For the non-oil and gas mining sector, these regulations require the placement of 100 per cent of DHE SDA for at least 12 months in state-owned foreign exchange banks. For the oil and gas mining sector, the requirement is to place at least 30 per cent for a minimum of three months in state-owned foreign exchange banks.