Indonesia Pushes to Finish Mineral Exchange Rules in 2026 for Jan. 1, 2027 Launch
Updated
Updated · VOI English · Aug 15
Indonesia Pushes to Finish Mineral Exchange Rules in 2026 for Jan. 1, 2027 Launch
3 articles · Updated · VOI English · Aug 15
Summary
Deputy Speaker Sufmi Dasco Ahmad said regulation for Indonesia’s Strategic Mineral and Commodity Exchange must be completed in 2026, with the DPR able to move quickly if the bill is not too complex.
President Prabowo Subianto wants the exchange operating on Jan. 1, 2027 and urged parliament to discuss and publish the implementing rules as soon as possible.
The exchange is meant to shift price-setting power toward Indonesia, a major producer of nickel, tin, coal, palm oil, coffee and rubber, instead of leaving benchmark prices to overseas exchanges.
Under OJK supervision, the platform would support a one-stop export policy, create Indonesia reference prices and give producers, exporters, buyers and investors a more transparent market that narrows room for fraud.