https://newsletter.mw.creamermedia.com
Coal|Copper|Export|Mining|Products
Coal|Copper|Export|Mining|Products
coal|copper|export|mining|products

Indonesia cancels requirement to use benchmark prices in minerals, coal sales

25th August 2025

By: Reuters

  

Font size: - +

JAKARTA - Indonesia has scrapped a requirement to use government benchmark prices as the floor price in minerals and coal sales, a mining ministry decree reviewed on Monday showed.

Issued earlier this month, the decree allowed miners to sell minerals and coal below the government-set benchmark prices, but production levies and tax obligations arising from the transactions would be based on the benchmark prices.

Jakarta began mandating the use of a coal benchmark price for transactions on March 1, intending to exert bigger control over the value of domestic and export transactions for the fuel commodity. Before that, the price had already been used to calculate royalties.

However, both buyers and exporters preferred to use the Indonesian Coal Index to price shipments because the benchmark is opaque, updated less frequently and also more expensive.

Indonesia's government also issues benchmark prices for a number of nickel products, copper, tin, cobalt and bauxite, among others.

Indonesia exported 238 million tons of thermal coal in the first half of this year, a 20% increase from a year ago.

Edited by Creamer Media Reporter

Comments

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 29 August 2025
Magazine round up | 29 August 2025
29th August 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.091 0.165s - 128pq - 2rq
Subscribe Now