Politics · Indonesia · 14 hrs ago
Prabowo says state should receive at least 70% of mining benefits
President Prabowo Subianto says Indonesia should get at least 70% of benefits from mining permits.
He made the announcement on Nov.
14 while speaking to members of Muhammadiyah, one of Indonesia’s largest Islamic groups.
The presidential palace said the 70% refers to proceeds from managing mining permits, not necessarily the share of mineral output.
Prabowo said the state could take controlling stakes in mining assets if needed, while still allowing investors to provide capital.
Earlier in 2026, officials discussed a plan to split mineral and coal output 70% to the government and 30% to operators, but the energy minister said in June that the proposal had been dropped.
The new call aims to direct more mining profits to Indonesians, after Prabowo said wealth had been taken out of the country.
He said he expects people to feel the benefits within a few months, but no specific plan for implementing the policy was provided.
President Prabowo Subianto said at least 70% of the benefits from all mining permits should go to the Indonesian state.
He said mining shares should be state-controlled if necessary.
The presidential palace said the 70% referred to proceeds from managing mining permits.
Prabowo said investors could provide capital, but profits should predominantly benefit Indonesians.
Earlier proposals for a 70%-30% split of mining output were dropped in June after consultations with Prabowo.
- Who
- Indonesian President Prabowo Subianto called for a greater state share of mining benefits.
- What
- He said at least 70% of benefits from all mining permits should go to the state, with state control of shares if necessary.
- When
- Nov 14, 2026.
- Where
- At a Muhammadiyah event in Palu, Indonesia.
- Why
- He said profits should predominantly benefit Indonesians and linked state control of production to Article 33 of Indonesia’s Constitution.
This story does not have two clearly opposing sides.
Local media reported that officials had discussed a gross-split scheme giving 70% of mining output to the government and 30% to operators.
Energy Minister Bahlil Lahadalia said the proposal had been dropped after consultations with Prabowo.
Prabowo called for at least 70% of mining-permit benefits to go to the state.
- Minimum state share
- 70% of benefits from mining permits
- Possible state control
- Mining-company shares, if necessary
- Event
- Muhammadiyah Tanwir and 114th anniversary gathering
- Location
- Palu, Indonesia
- Gross-split proposal
- 70% to government and 30% to mine operator
4 sources
What people are saying
From now on, (of) all mining permits, at least 70% must benefit the state. If necessary, the shares should be state-controlled
the profits must predominantly go to the Indonesian people