Investment Ministry Pushes for Value-Added Copper Exports to the United States
Jakarta (ANTARA) - The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM), together with related institutions, is working to ensure that copper products sold to the United States are the result of value-added processing or downstreaming carried out domestically.
This was conveyed by Director of Mineral and Coal Downstreaming at the Ministry of Investment and Downstreaming/BKPM, Rizwan Aryadi Ramdhan, in Jakarta on Wednesday, in response to a statement by US President Donald Trump, who declared that Indonesia possesses high-quality copper when announcing the reduction of reciprocal tariffs from 32 per cent to 19 per cent.
"Together, we are formulating policies that are pro-downstreaming. So there will be no exports in raw form," said Rizwan.
According to him, the export of copper concentrate has already been banned by the government, and his office is therefore encouraging downstreaming processes to be carried out domestically.
"We are supporting production processing facilities within the country," he added.
Previously, US President Donald Trump stated that a 19 per cent import tariff would be imposed on Indonesian products entering the US, based on direct negotiations he conducted with Indonesian President Prabowo Subianto.
"Indonesia will pay a 19 per cent tariff to the United States for all their imported goods into our country," said Trump regarding the agreement reached with Indonesia on import tariffs, as monitored from the Truth Social platform in Jakarta on Wednesday.
Based on a meeting with the US Secretary of Commerce and the head of USTR in Washington DC on 9 July 2025, a postponement of tariff implementation was agreed upon to allow three weeks for the completion of further negotiations.
Beyond tariffs, the negotiations also encompass non-tariff barriers, the digital economy, and cooperation on critical minerals such as nickel and copper. The US is said to be interested in strengthening strategic partnerships in these sectors.
"Indonesia has some great products and they have some valuable mineral commodities, one of which is high-quality copper," said Trump.
This was conveyed by Director of Mineral and Coal Downstreaming at the Ministry of Investment and Downstreaming/BKPM, Rizwan Aryadi Ramdhan, in Jakarta on Wednesday, in response to a statement by US President Donald Trump, who declared that Indonesia possesses high-quality copper when announcing the reduction of reciprocal tariffs from 32 per cent to 19 per cent.
"Together, we are formulating policies that are pro-downstreaming. So there will be no exports in raw form," said Rizwan.
According to him, the export of copper concentrate has already been banned by the government, and his office is therefore encouraging downstreaming processes to be carried out domestically.
"We are supporting production processing facilities within the country," he added.
Previously, US President Donald Trump stated that a 19 per cent import tariff would be imposed on Indonesian products entering the US, based on direct negotiations he conducted with Indonesian President Prabowo Subianto.
"Indonesia will pay a 19 per cent tariff to the United States for all their imported goods into our country," said Trump regarding the agreement reached with Indonesia on import tariffs, as monitored from the Truth Social platform in Jakarta on Wednesday.
Based on a meeting with the US Secretary of Commerce and the head of USTR in Washington DC on 9 July 2025, a postponement of tariff implementation was agreed upon to allow three weeks for the completion of further negotiations.
Beyond tariffs, the negotiations also encompass non-tariff barriers, the digital economy, and cooperation on critical minerals such as nickel and copper. The US is said to be interested in strengthening strategic partnerships in these sectors.
"Indonesia has some great products and they have some valuable mineral commodities, one of which is high-quality copper," said Trump.