Author: Fitri Wulandari
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Indonesia’s Plan to Raise Coal Royalty Poses New Risks for Miners
Indonesia plans to increase coal royalty for miners operating under Coal Contract of Works (CCOW), potentially adding pressure to the industry amid a slew of unfavorable new regulations and the downtrend in prices. According to local media reports, the government is seeking to increase coal royalty paid by CCOW miners to 15%, from currently 13.5%.…