JAKARTA - The Ministry of Energy and Mineral Resources (ESDM) held the first auction of bauxite stockpiles in the Riau Islands.
Director General of Law Enforcement of the Ministry of Energy and Mineral Resources (ESDM) Jeffri Huwae emphasized that the stockpile of 629,000 metric tons (MT) of bauxite was not derived from the results of criminal seizures or illegal mining activities.
"The stockpile is the remaining production from mining business activities previously carried out by permit holders but currently the permit has expired and has not been sold," Jeffri told the media, Tuesday, December 16.
Thus, he continued, the existence of the stockpile was not related to the handling of criminal cases, but was the material of the mine left over from the business activities of the previous mining company.
The stockpile of bauxite comes from mining business permit holders spread across the Riau Islands. However, he did not specify which company the stockpile came from.
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However, Jeffri emphasized that when the mining business license of a company expires, then legally the management of the mining business becomes the authority of the government again, including the results of mining by the previous permit holder.
"The Ministry of Energy and Mineral Resources has designated the remaining mine products as goods owned by the state. Because many companies whose IUP expiration times are different, the stock pile distribution in question has been abandoned for more than 10 years," said Jeffri.
Furthermore, Jeffri added, the potential state revenue from the sale of this stockpile is estimated to reach more than Rp. 200 billion.
"This process is fair, so we invite all parties who meet the qualifications to be able to participate in this auction," said Jeffri.
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