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Prabowo Subianto

Prabowo Subianto is the President of Indonesia, in office since October 2024 after winning a sweeping election victory on promises to root out corruption, lift economic growth and introduce a free school meals programme. A former army general, he has made control of Indonesia's vast natural resource exports a central policy theme of his administration, targeting commodities such as palm oil, thermal coal, nickel and tin. In May 2026 he unveiled a controversial plan to centralise exports of key commodities through a new State entity, Danantara Sumberdaya Indonesia (DSI), set up under the sovereign wealth fund Danantara, to tackle under-invoicing and transfer pricing that he said cost Indonesia tens of billions of dollars a year. Facing market turmoil, he later softened the plan, saying DSI would monitor rather than control exports. His government has also pursued a new mineral and strategic commodity exchange, ICOMEX, intended to make Indonesia a price setter rather than a price taker for its major exports, and has imposed production quotas on coal and nickel miners to support prices. His reshuffled cabinet includes Bahlil Lahadalia as Coordinating Minister of Downstreaming and Energy Transition. Prabowo's administration has faced investor scepticism over policy clarity, a depreciating rupiah, a weak stock market and difficulties implementing his free meals scheme, even as he reports economic growth approaching 6%. He recurs in coverage as the driving force behind Indonesia's push for greater state control over its commodity trade and the resulting uncertainty for miners, traders and foreign investors.

Prabowo Subianto News


Inpex oil and gas exploration at Abadi project
Japan's Inpex reaches milestone in $21bn LNG project in Indonesia
27th October 2026 By: Reuters

Japanese explorer Inpex has completed the planning and engineering phase of its Abadi LNG project at Indonesia's Masela gas block, an official said on Tuesday, reaching a milestone in the Southeast... 


Nickel smelter in Indonesia
Indonesia plans to impose a moratorium on new plants making partly processed nickel
7th October 2026 By: Reuters

Indonesia is discussing a plan to impose a moratorium on development of new nickel processing facilities that produce partly processed metals, the senior minister overseeing mining, Bahlil... 


Industrial park in Indonesia
Indonesia launches pilot commodity export monitoring platform
2nd October 2026 By: Reuters

Danantara Sumberdaya Indonesia, a company established by the Indonesian government to supervise commodity exports, has started the test phase for a new monitoring platform aimed at boosting price... 


Coal shipment in Indonesia
World’s top coal exporter strains to lift output as prices soar
28th September 2026 By: Bloomberg

Indonesia, the world’s biggest coal exporter, is failing to tap into soaring prices for the fuel as countries look to offset reduced natural gas supplies from the Persian Gulf. At a conference on... 


Indonesian President Prabowo Subianto
Indonesia to open trading at planned commodity bourse on January 4, official says
15th September 2026 By: Reuters

Indonesia plans to start trading at its new commodity exchange on January 4, 2027, with tin and ferronickel to be included in the opening transactions, the chief supervisor of the commodity... 


Bayan coal mine in Indonesia
Indonesian tycoon Haji Isam lobs low-ball bid for coal miner Bayan
9th September 2026 By: Bloomberg

Coal miner Bayan Resources has received a bid from Indonesian tycoon Andi Syamsuddin Arsyad that values the coal miner at a fraction of its market value, according to people familiar with the... 


Bayan Resources coal mining
Owner of Indonesian coal mining giant Bayan Resources in talks over sale
26th August 2026 By: Bloomberg

The owner of Indonesia’s PT Bayan Resources is in talks to sell a majority stake in the $28-billion miner to a consortium led by a rival tycoon, in what could be one of the country’s biggest coal... 


Nickel mining in Indonesia
Indonesia will build trustworthy commodity exchange, chief supervisor candidate says
24th August 2026 By: Reuters

Indonesia's upcoming minerals and strategic commodity exchange would be built with infrastructure that can be trusted, the president's nominee to regulate commodity trading said on Monday. The... 


Nickel mine in Indonesia
Indonesia's planned commodity exchange likely to cover palm oil, nickel, coal
18th August 2026 By: Reuters

Indonesia's planned exchange for "mineral and strategic commodities" will likely include palm oil, nickel and coal, a presidential spokesperson said as the government makes preparations to launch... 


Indonesian President Prabowo Subianto
Indonesia's Prabowo says new State firm's role is to monitor key commodity exports
14th August 2026 By: Reuters

Indonesian President Prabowo Subianto said on Friday that a new State export firm will monitor key commodity shipments and its role will be expanded, but said it would not take over control of... 


Indonesia President Prabowo Subianto
Subianto's radical commodity export plan for Indonesia faces dueling visions
6th August 2026 By: Bloomberg

More than two months after President Prabowo Subianto unveiled plans to take control of Indonesia’s top commodity exports, the agency charged with carrying out the proposal is caught between... 


A nickel smelter in Indonesia
Indonesia resumes exports of minerals containing rare earth byproducts, official says
3rd August 2026 By: Reuters

Indonesia has resumed exports of minerals that may contain rare earth elements as byproducts, the president's office said on Monday, following complaints from the metals industry about shipment... 


Rare earth mineral samples
Indonesia seeks to resolve mineral export bottlenecks caused by rare earth content
27th July 2026 By: Reuters

Indonesia's presidential staff office has called for cooperation between government agencies, law enforcement officials and industry to resolve mineral shipment bottlenecks caused by a lack of... 


Coal excavation
Indonesia coal export shake-up rattles miners, traders
22nd May 2026 By: Reuters

Indonesia's plan to route coal exports through a state firm has rattled traders and miners in the world's largest exporter over its viability, at a time when liquefied natural gas (LNG) supply... 


Truck being loaded with coal in Mongolia
Mongolia's coal shipments to China surge 61% in April, overtaking Indonesia
22nd May 2026 By: Reuters

China's coal imports from Mongolia surged 61% in April, propelling it ahead of Indonesia, which is traditionally the world's largest coal exporter and has long been China's top supplier of the... 


Coal piles in Indonesia
Indonesia to bring commodity exports under centralised control, President says
20th May 2026 By: Reuters

Indonesian President Prabowo Subianto said on Wednesday that his government will centralise exports of key commodities as part of efforts to boost state revenues and tighten the country's grip over... 


A nickel smelter in Indonesia
Chinese firms warn Indonesia's nickel quotas, tax hikes threaten investment
14th May 2026 By: Reuters

Chinese companies operating in Indonesia are urging more business-friendly policies, warning tighter nickel ore quotas, higher taxes and a new pricing formula are driving up costs and threatening... 


Indonesia seizes 148 ha area of Weda Bay Nickel
12th September 2025 By: Reuters

An Indonesian task force has seized a 148 ha area of PT Weda Bay Nickel for not having the relevant forestry permits, mining ministry official Rilke Jeffri Huwae said on Friday. The move is part... 


Indonesia Mining Ministry proposes 18 development projects for Danantara funding
Indonesia Mining Ministry proposes 18 development projects for Danantara funding
22nd July 2025 By: Reuters

Indonesia's mining ministry has drawn up a list of 18 projects worth $38.6-billion to develop the country's natural resources and handed them over to sovereign wealth fund Danantara Indonesia on... 


Indonesia looking at levy on coal exports
Indonesia looking at levy on coal exports
15th July 2025 By: Bloomberg

Indonesia, the world’s biggest coal exporter, may impose an export levy on the fossil fuel in a bid to boost state revenues, according to local media reports that cited a government minister. The... 


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pqt: 0.068s - ct: 0.119s - 275pq - 2rq
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