Mining groups press for timely 2027 quota approval to avoid disruptions
The RKAB approval process should follow the established fourth-quarter timeline to avoid any delays, which could impact miners' operational readiness, production planning and other related aspects alongside state revenue potential, two industry associations have stressed.
Two industry associations have emphasized the importance of approving the 2027 work and budget plan (RKAB) in November to prevent disruptions for mining companies. The Indonesian Mining and Energy Forum (IMEF) chairman, Singgih Widagdo, stressed that a delay in approval would disrupt operational planning, production scheduling, sales commitments, and state revenue generation.
Companies require time to prepare their business plans, including export volumes, domestic market obligations, and production plans for aligning with long-term contracts. Delays could hinder companies' ability to make firm sales commitments, according to Widagdo. The Energy and Mineral Resources Ministry should conduct necessary analyses well before mid-November to prevent global market oversupply.
With proper preparation, the RKAB process should ideally be concluded before the new year, he added.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
