Recent Developments in Divestment Rules for Mining Companies in Indonesia
Companies engaging in mining business activities in Indonesia can be established with 100% foreign investment, but they are subject to a divestment requirement, as set out under Law No. 4 of 2009 regarding Mineral and Coal Mining (the Mining Law) and Government Regulation No. 23 of 2010 regarding the Implementation of Mineral and Coal Mining … Recent Developments in Divestment Rules for Mining Companies in Indonesia