【SMM Nickel Market Flash】Indonesia’s forestry task force will launch a crackdown starting September 1 on mines operating without permits across 4.27 million hectares of forest areas. The move follows earlier actions against illegal palm oil plantations, with seized assets handed to state-owned companies. Febrie Adriansyah, a senior prosecutor, said operators will be required to return illegal profits to the state, with some cases possibly facing criminal investigations. Mines taken over will be temporarily managed by the State-Owned Enterprises Ministry. President Prabowo has pledged a wider clampdown on illegal resource exploitation. Indonesia is a top global producer of coal, nickel, tin, copper, and the largest exporter of palm oil.
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