The Directorate General of Mineral and Coal (Ditjen Minerba) of the Ministry of Energy and Mineral Resources recorded Non-Tax State Revenue (PNBP) from the mining sector of IDR 173.5 trillion. This value is around 170 percent exceeding the set target of IDR 101.8 trillion.
Director of Mineral and Coal Receipts of the Directorate General of Mineral and Coal, Yose Rizal, said this figure was obtained based on accumulated data as of December 16, 2022. Last year, PNBP payments from this sector were only IDR 75.48 trillion.
“For 2022, the mining sector will continue to make a positive contribution to the country’s economy. The contribution of PNBP in 2022 will increase significantly compared to the previous year,” he said through his official statement, Thursday (29/12).
The details of these achievements, continued Yose, were obtained from fixed fees of Rp. 900.1 billion, royalties of Rp. 100.3 trillion, Sales of Mining Products (PHT) of Rp. 67.7 trillion, and others of Rp. 4.5 trillion.
According to Yose, the magnitude of the PNBP achievement was influenced by the current shining mining commodity prices. For coal, for example, the highest price this year was USD 330.97 per ton at the October Reference Coal Price (HBA).
“The increase in PNBP is highly dependent on a number of parameters, namely commodity prices, production volume, percentage of royalties, and compliance with obligations. Currently commodity prices are good, “he explained.
Soaring coal prices were driven by increased demand, especially in India, China and several European countries. The electricity crisis that hit India due to the heatwave caused the Indian government to increase the amount of coal imports due to tight domestic supply.
Meanwhile, China was noted to increase coal supply ahead of winter and implemented a policy of abolishing coal import taxes. The European Union issued a policy banning coal imports from Russia effective last August. European countries decided to reuse coal as a source of electricity generation.
“Aside from coal, most other mining products also continue to experience rising prices, such as copper concentrate, iron concentrate, lateritic iron concentrate, iron sand concentrate, ilmenite concentrate, rutile concentrate, and washed bauxite,” he explained. Yose.
Currently, the government is carrying out various digitalization efforts to ensure the optimization of state revenue from the mining sector, one of which is e-PNBP.
The application is considered to be able to speed up the process for business actors to fulfill fixed fees and royalties. In addition, e-PNBP will also make it easier for evaluators to make an inventory of business actors who have not fulfilled their obligations. Mainly to speed up the billing process so as to make it easier for the government to stop services if the payers commit a violation.
“Through digital mechanisms, payers will be more obedient and minimize opportunities for illegal transactions. So that PNBP in the mining sector can be more optimal. The Directorate General of Mineral and Coal integrates e-PNBP with monitoring applications, namely the Minerba Online Monitoring System and e-RKAB,” said Yose.
