Indonesian Mining 2005

Reproduced with permission from Law Business Research. This article was first published in Getting the Deal Through - Mining 2005 (published July 2005, contributing editors Sean Farrell, Robert McDermott and WS (Steve) Vaughan). For further information please visit www.GettingTheDealThrough.com.

Mining industry

1 What is the nature and importance of the mining industry?

Indonesia is among the top 10 producers in the world for gold, copper, nickel and tin. Its world-class mines include Grasberg, Batu Hijau and Soroako. Active mining companies include Antam, Freeport, Koba Tin, Newcrest, Newmont and Timah. The country is a key supplier of minerals and metals to Asia’s leading industrialised and industrialising nations. Mining is a significant contributor to Indonesia’s GDP and the major contributor to the GDP of a number of its provinces (Papua, Bangka-Belitung, West Nusa Tenggara and East Kalimantan).