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Arutmin's IUPK has been extended by 10 years

05 November 2020 07:30

JAKARTA - PT Arutmin Indonesia, a subsidiary of PT Bumi Resources Tbk (BUMI) has received confirmation of the extension of its Special Mining Business License (IUPK) for the next 10 years from the Ministry of Energy and Mineral Resources.

Saptari Hoedaja, BUMI's president director, said in her press release on Wednesday (4/11) that the extension was granted after the government evaluated the administrative, technical, and financial aspects of the company. 

The extension, he said, will have an impact on the company's operations in the coal mining sector. Arutmin, he continued, would continue to contribute to people living around the mining area through various programs.

For information, the company's IUPK is now valid until 1 November 2030. (LK/AR)

 
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