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Indonesian president orders greater share of mining benefits for the state

Summary by Reuters
Indonesian President Prabowo Subianto said on Saturday that the state should secure ​a greater share of benefits from ‌all mining permits and, if necessary, hold controlling stakes in mining assets.

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President Prabowo Subianto emphasized the country's commitment to controlling all natural resources in the country, including mining business permits (IUP).

President Prabowo Subianto has instructed all mining permits (IUPs) to provide a minimum of 70% of profits to the state. The President...

Prabowo Instructs That the State Enjoy at Least 70 Percent of Mining Revenue. (Photo: Cabinet Secretariat)

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Reuters broke the news in London, United Kingdom on Saturday, November 14, 2026.
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