Indonesian government sets up task force to monitor nickel mining transactions

Published: Jul 21, 2020 14:46

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SMM7 March 21: recently, the Indonesian government has set up a working group (working group) to supervise the sale and sale of nickel. The working group was established in accordance with the rules governing mineral benchmark prices (HPM) stipulated in Article 11 of the regulations of Ministers of Energy and Mineral Resources 2020.

Yunus Saefulhak, director of mineral development and operations of the Ministry of Energy and Mineral Resources, said that a working group made up of the Ministry of Energy and Mineral Resources, the Ministry of Industry (Kemenperin) and BKPM will oversee the trading system in which nickel ore producers and smelters act as buyers.

At present, the Task Force is still in the marshalling stage. Yunus says his party is still waiting for the names of members promoted by the Ministry of Industry. The project will be launched by the Task Force next month.

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