Bisnis.com, JAKARTA — The government’s planned mining royalty hike, which would raise royalty for nickel ores from a flat 10% to a progressive 14%–19%, have been met with stark opposition from miners who warned that such an increase could pressure miners to the point of operating as a loss, potentially prompting them to halt or shut down their operations entirely.
“If the royalty is set at 14%, there are some mining licensees that would rather close their mines than continue production at a loss,” said Meidy Katrin Lengkey, secretary-general of the Indonesian Nickel Miners Association (APNI), during a press conference held on Monday (17/3).
