Responding to the Establishment of a Special Agency for Commodity Exports, IMA Warns This

JAKARTA - The Indonesian Mining Association or Indonesia Mining Association (API-IMA) spoke out regarding the government's discourse to form a special body for the export of strategic commodities.

The Executive Director of the Indonesian Mining Association, Sari Esayanti, said that the control of the export of mining commodities through the establishment of a special state body needs to be thoroughly studied by considering the balance between strengthening governance, optimizing state revenues, and most importantly the sustainability of the mining sector.

According to him, IMA supports strengthening supervision and ensuring the utilization of natural resources to provide optimal benefits for the country and the community.

"However, we hope that the policies made will remain attractive for the mining industry. Many mining industries have had long-term contracts since the beginning of investment and have been studied for their economic feasibility over a long period of time," he said in a statement to the media, Wednesday, May 20.

Sari added that the mining industry is ready to support various government policies aimed at strengthening the governance of the mining sector.

The implementation of the policy needs to consider the existence of long-term sales contracts or long-term sales agreements that have been agreed upon.

Legal certainty and policy stability are important factors in maintaining market confidence and Indonesia's competitiveness in the global mining industry.

"IMA supports the government's efforts to strengthen governance and increase state revenue from the mining sector. However, in its implementation, it is necessary to continue to pay attention to business certainty, the sustainability of long-term contracts, and a competitive investment climate so that the Indonesian mining industry remains trusted and able to grow sustainably," said Sari Esayanti.