Indonesian Parliament Pushes for Tin Reference Price Establishment

Urgent Call for Price Certainty

The Indonesian Parliament has issued a strong call to the government to expedite the establishment of a tin reference price (HPM), emphasizing its importance for creating price certainty and enhancing transparency in the tin trading mechanism ¹

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Source 2

https://finance.detik.com/energi/d-8215585/dpr-ingatkan-pemerintah-tetapkan-harga-patokan-mineral-timah

. The current lack of a standardized reference price has led to inconsistent pricing in the field, hindered transparency, and left artisanal miners vulnerable ¹

Source 1

https://industri.kontan.co.id/news/dpr-desak-pemerintah-percepat-penetapan-harga-patokan-timah-ini-alasannya

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Key Demands from Parliament

1. Establishment of HPM by January 1, 2026: The Parliament has set a clear timeline for the implementation of the tin reference price, urging the government to finalize it by the start of next year ²
   Source 2

   https://finance.detik.com/energi/d-8215585/dpr-ingatkan-pemerintah-tetapkan-harga-patokan-mineral-timah
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2. Transparent and Accountable Framework: The HPM should be developed through a transparent and accountable process, ensuring it is fair and measurable for all stakeholders ²
   Source 2

   https://finance.detik.com/energi/d-8215585/dpr-ingatkan-pemerintah-tetapkan-harga-patokan-mineral-timah
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3. Acceleration of People's Mining Areas (WPR): The Parliament also highlighted the need to expedite the establishment of People's Mining Areas through cooperative schemes, which would improve oversight, legal certainty, and sustainability ²
   Source 2

   https://finance.detik.com/energi/d-8215585/dpr-ingatkan-pemerintah-tetapkan-harga-patokan-mineral-timah
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Expected Outcomes

The establishment of the HPM and the development of WPR through cooperatives are expected to yield multiple benefits:

• Improved welfare for local communities
• Optimized state revenue through better-managed natural resources
• Enhanced environmental sustainability through regulated mining practices