Indonesia this year extended the validity of RKAB to three years from one year to reduce the frequency that companies needed to apply for the quotas, but Tri specified that the volumes approved so far are only for 2024.
“This (volume) is for this year. We continue to accelerate the approval process,” he said.
Tri did not specify how many companies have acquired the RKAB approvals.
Miners and smelting companies have been concerned by delays in the approvals, without which they cannot conduct mining activities.
In January, exports of Indonesia’s tin products dropped 99%because of the…
