Overseas companies are entitled to bid for Indonesian mining concessions

In accordance with Regulation No. 11/2018, issued by the Energy and Mineral Resources Ministry of Indonesia, foreign enterprises can participate in auctions of metal, mineral and coal mining concessions with area more than 500 hectares.
If concession’s area is less than 500 hectares, it will be put up for a tender, where regional authorities-owned entities (BUMD) are allowed to participate. In case no BUMD is interested in the land, national companies of other types and individuals can bid for it.