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Selasa, Oktober 9, 2018 | Issue Number : 3462

Divestment Procedures for Foreign Mining Companies Amended

ID Indonesian translation

The Minister of Energy and Mineral Resources (“Minister”) has issued Regulation No. 43 of 2018 (“Amendment”), which amends Regulation of the Minister No. 9 of 2017 on Procedures for Divestments and Mechanisms for the Determination of Divested Share Prices for Minerals and Coal-Mining Business Activity (“Regulation 9/2017”)[1] which aims to optimize the benefits which are accrued by the state as a result of the implementation of the divestment obligation which has to be met by foreign minerals and coal-mining companies.[2]

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The Minister of Energy and Mineral Resources (“Minister”) has issued Regulation No. 43 of 2018 (“Amendment”), which amends Regulation of the Minister No. 9 of 2017 on Procedures for Divestments and Mechanisms for the Determination of Divested Share Prices for Minerals and Coal-Mining Business Activity (“Regulation 9/2017”)[1] which aims to optimize the benefits which are accrued by the state as a result of the implementation of the divestment obligation which has to be met by foreign minerals and coal-mining companies.[2]

......

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