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LAW NO. 3 OF 2020 REGARDING AMENDMENT OF LAW NO. 4 OF 2009 REGARDING MINERAL AND COAL MINING
| Format | Soft Cover |
| Size | A4 |
| Pages | 130 (approx.) |
| Printing | Black & White |
| Released | June 2020 |
| Code | MLB01H |
| Price: | US$ 142.83 or IDR 2.299.563 |
President Joko Widodo has recently enacted the long-awaited new mining law, which is an amendment to Law No. 4 of 2009 regarding Mineral and Coal Mining, introducing significant changes to the mining sector and how the players operate in Indonesia.
Key points in the new Law No. 3 of 2020 regarding Amendment of Law No.4 of 2009 Regarding Mineral and Coal Mining include: centralizing permit issuance, nationalizing resources, profit sharing with local administrations, guarantee on continued operations of Coal Contract of Work/PKP2B, expanding mining reserves, and developing downstream industries. This new law has been in force since June 10, 2020.
This publication is aimed at disseminating information regarding the new law to the international community, who needs to know them in English as well as for investors wishing to get involved in Indonesian energy and mining related industries. The narrative is presented in dual language with Bahasa Indonesia and English versions appearing side-by-side on each page.