Workers monitor the nickel melting process at a nickel smelter of PT Vale Tbk in Sorowako, South Sulawesi province, Indonesia, March 30, 2023.
On July 2, 2025, the mining minister announced plans to reduce the quota duration to one year. This change aims to enhance oversight of commodity supply, including nickel and coal, to stabilize prices. In 2023, Indonesia extended the validity of these quotas to three years to streamline the approval process for both authorities and companies, while still allowing annual revisions.
APNI expressed appreciation for efforts to support the mining sector but highlighted concerns about the proposed reduction. The association noted that a one-year quota could overwhelm the approval system, as thousands of miners would need to reapply annually.
“The government needs to strengthen internal evaluation and oversight capacity, not lengthen the bureaucratic chain with shorter licensing periods,” APNI stated. The group stressed that medium-term certainty is essential for investment and operational planning.
On July 4, 2025, Deputy Mining Minister Yuliot Tanjung said the policy details are still under review but provided no further comments. He did not address APNI’s specific request.
On July 3, 2025, the ministry reiterated that the one-year quota plan seeks to maintain price stability and minimize the impact of price fluctuations on government revenue.
In unrelated financial news, U.S. stock markets saw gains during a shortened trading session on July 3, 2025. The Dow and S&P 500 each rose by approximately 0.8%, while the Nasdaq increased by 1%.
