Inp.polri.go.id - Jakarta. Minister of Energy and Mineral Resources Bahlil Lahadalia has officially postponed the implementation of new mining royalty rates for several key commodities, including copper, tin, nickel, gold, and silver to create a more balanced formula that benefits both state revenue and the sustainability of the mining industry.

"After hearing input from the public and business partners, I will put this on hold to build a proper, mutually beneficial formulation," he said on Monday )11/5/2026), as cited by antaranews.com. 

He clarified that the hearing held on 8 May 2026 regarding the tariff changes was part of a socialization phase and did not represent a final decision.

The postponement came as a response to market volatility, with the Jakarta Composite Index (IHSG) opening lower on Monday morning. Market analysts noted that the proposed policy, originally targeted for June 2026, had put significant pressure on mining stocks, particularly in the gold and tin sectors, where proposed hikes were most substantial. 

Minister Bahlil emphasized that while the government seeks to optimize state income, the final policy must not cripple the competitiveness of private mining companies.

(mg/inp/pr/rs)