Jakarta (ANTARA) - The Ministry of Energy and Mineral Resources (ESDM) recorded that investment realization in the mineral and coal (minerba) subsector as of December 31 2023 was 7.46 billion United States (US) dollars or 96.86 percent of the target of 7.7 billion US dollars.

"The Directorate General of Mineral and Coal continues to encourage the maintenance of the mineral and coal investment climate in order to increase economic growth. The realization of investment in the mineral and coal subsector as of 31 December 2023 is 7.46 billion US dollars or 96.8 percent of the 2023 target, which is 7. 7 billion US dollars," said the Acting Director General of Mineral and Coal (Minerba) of the Ministry of Energy and Mineral Resources, Bambang Suswantono, during the press conference "2023 Achievements and 2024 Work Program for the Minerba Subsector", at the Directorate General of Mineral and Coal Building, Jakarta, Tuesday.

Furthermore, he said again, the realization of non-tax state revenue (PNBP) in the mineral and coal subsector in 2023 was IDR 172.96 trillion or higher than the target of IDR 146.07 trillion.

He also detailed the production and utilization of minerals in 2023, namely gold commodities with realization of 83 tons from the target of 106 tons, silver realization of 348.6 tons from the target of 489 tons, tin realization of 67.6 thousand tons from the target of 70 thousand tons, ferronickel realized 535.2 thousand tonnes from the target of 628.9 thousand tonnes, and nickel matte realized 71.4 thousand tonnes from the target of 75 thousand tonnes.

(SOURCE)