Implementation of Export Ban on Certain Metal Minerals Further Postponed

As a part of Indonesia’s national commitment to the downstreaming of energy, the government is encouraging mining business actors to construct domestic refinery facilities (“Refinery Facilities”) through a ban on exports of metal mineral commodities that was originally supposed to come into force on 10 June 2023.[1]

However, due to the disruption caused by the COVID-19 pandemic, which has directly affected efforts to complete the construction of smelters, the Minister of Energy and Mineral Resources (“Minister”) has decided to issue Regulation No. 7 of 2023 on the Continuation of the Construction of Facilities for Metal Minerals (“Regulation 7/2023”), which postpones the implementation of the above-mentioned export ban on certain types of metal mineral commodities while ensuring a commitment to the completion of construction of Refinery Facilities.[2]