Indonesia to extend online tracking system to copper, gold and bauxite

By IANS | Updated: July 23, 2024 14:10 IST2024-07-23T14:06:39+5:302024-07-23T14:10:06+5:30

Jakarta, July 23 Indonesia is planning to broaden its mineral and coal online tracking system, known as Simbara, ...

Indonesia to extend online tracking system to copper, gold and bauxite | Indonesia to extend online tracking system to copper, gold and bauxite

Indonesia to extend online tracking system to copper, gold and bauxite

Jakarta, July 23 Indonesia is planning to broaden its mineral and coal online tracking system, known as Simbara, to include several commodities, including copper, gold and bauxite, said the country's Minister for Energy and Mineral Resources Arifin Tasrif.

He mentioned the plan after the government officially broadened its Simbara to encompass nickel and tin commodities on Monday, Xinhua news agency reported.

"Next, we will finish several other commodities, including copper, gold, bauxite, manganese, and others," said the minister.

According to the Finance Ministry, Simbara, which started its operation in 2022, has contributed up to 7.1 trillion Indonesian rupiahs ($ 437 million) in state revenues through the prevention of illegal mining, risk profiling, and an automatic blocking system.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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