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Indonesia to raise mining royalties

New rates set to come into effect before the end of the month

Nathan Richardson
SOROWAKO, INDONESIA - AUGUST 5, 2022: The Nickel product at the smelter Vale Indonesia, had been packaged for export.

SOROWAKO, INDONESIA - AUGUST 5, 2022: The Nickel product at the smelter Vale Indonesia, had been packaged for export. | Credits: Shutterstock.

New royalty rates will reportedly hit Indonesian producers of a range of metals before the end of the month to help raise funds for President Prabowo Subianto's flagship policies.聽 Bloomberg reported...

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