Skip to content

Alert for mining companies: divestment obligation to be relaxed?

24 November 2014

The Government of Indonesia introduced new divestment rules which allows foreign holders of a production operation mining business licence that have integrated processing or refining facilities to own up to 60% of shares of the mining company by the 15th year of production. The rule are clearly intended to encourage mining companies to comply with the onshore processing and refining obligations by establishing their own smelter.

Related expertise