Eva Armila's Djakarta Mining Club talk delves into Indonesia's mining shifts: WIUP expansion, tender dynamics, RKAB updates, evolving tax structures, and the impending MIP regulation.
The Ministry of Energy and Mineral Resources (MEMR) issued Decree No. 375/2023, replacing previous regulations on mining expansion. New rules require applicant eligibility criteria, area limits, and revised compensation calculations.
Indonesia's PR 70/23 establishes a task force to oversee land allocation in the mining, plantation, and forestry sectors, with sector supervisors assessing compliance and recommending license changes. Private large enterprises acquire WIUPs through a tender process.
On October 27th, 2023, ARKO Law (formerly Armila & Rako) is soft-launching a brand refresh with a new logo and name. While the website is being updated, their commitment to legal excellence remains unchanged. Clients' patience and support are appreciated, and an improved website will be unveiled soon.
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