Indonesian mining bill passed into law, poses new challenges and opportunities

Hogan Lovells
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Businesses are now entering a new era of mining in Indonesia. On 10 June 2020 President Joko Widodo finally signed a long-anticipated bill amending Law No. 4 of 2009 on Minerals and Coal Mining (the mining law) after previously passing parliamentary approval on 12 March 2020. The bill – now ratified into Law No. 3 of 2020 (the new mining law), and which is effective as of 10 June 2020, introduces large-scale revisions to the mining law which could improve the feasibility of doing business in Indonesia's natural resources sector.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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