🇮🇩 INDONESIA WANTS AT LEAST 70% OF MINING PERMIT PROCEEDS TO GO TO THE STATE! ⛏️
Indonesia's President Prabowo Subianto is pushing for a larger national share of mining revenues, saying the government should receive at least 70% of proceeds generated from mining permit operations.
🔥 Key Highlights:
- 🇮🇩 At least 70% of mining permit proceeds should go to the state.
- The government may seek controlling stakes in mining assets if necessary.
- Indonesia remains open to foreign mining investment.
- President Prabowo emphasized that mining profits should primarily benefit the Indonesian people.
📊 The presidential palace clarified that the 70% figure refers specifically to proceeds generated by mining permit operations.
👀 What could this mean for Indonesia's mining industry and global commodity markets?
#Indonesia #Mining #CryptoNews #Commodities #GlobalEconomy #BinanceSquare
Indonesia's President Prabowo Subianto is pushing for a larger national share of mining revenues, saying the government should receive at least 70% of proceeds generated from mining permit operations.
🔥 Key Highlights:
- 🇮🇩 At least 70% of mining permit proceeds should go to the state.
- The government may seek controlling stakes in mining assets if necessary.
- Indonesia remains open to foreign mining investment.
- President Prabowo emphasized that mining profits should primarily benefit the Indonesian people.
📊 The presidential palace clarified that the 70% figure refers specifically to proceeds generated by mining permit operations.
👀 What could this mean for Indonesia's mining industry and global commodity markets?
#Indonesia #Mining #CryptoNews #Commodities #GlobalEconomy #BinanceSquare