Purbaya Postpones Coal and Nickel Export Duties, Potential Rp 200 Trillion Revenue at Risk

JAKARTA - Finance Minister Purbaya Yudhi Sadewa has assured that the government is postponing plans to impose export duties on coal and nickel exports, along with adjustments to mining company royalties.

The decision was made after the government conducted a review discussion with Energy and Mineral Resources Minister Bahlil Lahadalia.

“We are following the policy of the Minister of Energy and Mineral Resources. It turns out there has been a change after I spoke yesterday. Mr Bahlil called me, so we will follow it,” Purbaya said at the Ministry of Finance on Tuesday (12/5/2026).

The policy was prepared to enable the state to gain additional revenue from the surge in commodity prices.

The government had also considered increasing mining company royalties.

Purbaya estimated that the additional state revenue from the combination of these policies could exceed Rp 200 trillion.

“If the new rates were implemented, my income would increase significantly without causing any fuss. The figure is fantastic, more than Rp 200 trillion,” he said.

Nevertheless, Purbaya emphasised that the final policy magnitude would still follow the formulation and decision of the Ministry of Energy and Mineral Resources.

According to him, the government is now preparing other strategies to maintain state revenue from the natural resources sector, even though the export duty and royalty increase plans are postponed.

“There are other policies that will strengthen revenue from the natural resources sector. We will just follow whatever comes from Mr Bahlil,” he stated.

“Even without that, our revenue will increase. That’s the important thing for me,” he added.

Previously, Energy and Mineral Resources Minister Bahlil Lahadalia postponed the implementation of mining royalties for copper, tin, nickel, gold, and silver commodities.

The postponement was carried out to formulate a new approach deemed more balanced for the state and business actors.

According to Bahlil, the new formulation is being pursued to remain beneficial for the state without burdening entrepreneurs.

“After hearing input from the public and business friends, I will put this on hold to build a good formulation that is mutually beneficial,” Bahlil said when met at the Ministry of Energy and Mineral Resources office in Jakarta on Monday (11/5/2026).