Indonesia to raise mining royalties from Apr’25, nickel ore to face steep hike

Indonesia will raise mining royalties from the 2nd week of April for commodities such as coal, nickel, copper, gold, and tin. Nickel ore royalties will increase from a flat 10% to a progressive range of 14-19%, depending on prices. Coal royalties will rise one percentage point, to 13.5% when prices exceed $90/t. The government also aims to improve industry governance, but miners fear rising operational costs.