Indonesia's Finance Minister Purbaya Yudhi Sadewa targets the coal export duty to take effect on April 1, 2026, depending on tomorrow's meeting. The policy, which also covers nickel, has had its rates approved by the President.
Jakarta — Finance Minister Purbaya Yudhi Sadewa of Indonesia targets the coal export duty regulation to become effective on April 1, 2026. He made the statement in Jakarta on Wednesday, pending a meeting the next day. “If the meeting happens tomorrow, it should be April 1. If it happens. We don't know yet, I still need to hold the meeting first,” Purbaya said. The government is also preparing a specific export duty for nickel. The rates for both commodities have been approved by the President, but details will be discussed again in a cross-ministry meeting at the Coordinating Ministry for Economic Affairs. Purbaya declined to disclose the exact rates as technical aspects are still being finalized. “The figure has been decided by the President, but the meeting can discuss it first before we issue it. Coal will definitely be subject to export duty in line with the President's directive,” he explained. He left open the possibility of faster implementation if global coal prices continue rising, currently over $135 per ton. “We'll see the industry conditions, but if pressed, it can be implemented sooner,” he added. Industry players have raised objections, but the government remains committed given the high commodity prices. “They definitely disagree. But coal prices are very high now. Over 135 (US dollars per ton),” the minister noted.