Mining Products Export to Be Resumed

The Minister of Trade recently issued Regulation No. 29/M-DAG/PER/5/2012 on Mining Production Export Provisions (“Permen 29/2012”). The Regulation was issued as a follow up to Minister of Energy and Mineral Resources Regulation No. 7 of 2012 (“Permen 7/2012”), which has been in force since 6 February 2012.

The Permen 7/2012 restricted mining companies from exporting raw minerals and ore for three months after its issuance. Three months later, the much anticipated Permen 29/2012  clarifies the Government’s requirements for resumption of export of raw minerals and ore. Permen 29/2012 contains seven Appendices.