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Indonesia's 3 Coal Mines Stop Operations Following Policy Change - Report

Coal News - Published on Mon, 15 Jul 2019

Image Source: Yale E360
The Jakarta Post reported that three coal mines in Kalimantan operated by PT Tanito Harum have to suspend operations after the government revoked the firm’s extended contract that was supposed to be valid for the next 20 years after the contract extension was deemed against the law. The Energy and Mineral Resources Ministry’s coal and mineral director general, Mr Bambang Gatot Ariyono, said that the decision to terminate the permit was made in accordance with the law. If the permit is terminated, subsequently it must be returned to the state. It was widely reported that Tanito Harum, which operates three coal mines in East Kalimantan, had received a contract extension from the government after its previous contract expired on January 14.

However, the government revoked the contract after the Corruption Eradication Commission found that the contract extension was not in line with Law No.4/2009 on coal and mineral mining

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Posted By : Rabi Wangkhem on Mon, 15 Jul 2019
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