Pangkalpinang (ANTARA) - Energy and Mineral Resources Minister Bahlil Lahadalia announced plans to introduce a Minimum Cost Price for tin, aimed at strengthening economic growth and improving welfare in the Bangka Belitung Islands Province. “In the near future, I will issue a Minimum Cost Price for tin to ensure that community prices remain stable,” Lahadalia said on Sunday after inaugurating the Chairman of the Golkar Party’s Regional Representative Council (DPD) for Bangka Belitung.
He emphasized that the province, rich in natural resources—particularly tin—requires proper regulation and mining restructuring to ensure that its wealth benefits local communities.
“The HPM regulation is designed to stabilize tin ore prices so that both miners and entrepreneurs can prosper,” he explained.
The minister added that the ESDM Ministry is coordinating with the House of Representatives (DPR) to accelerate the issuance of the regulation.
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The goal is to maintain stable prices for the public while encouraging investment in the province’s tin processing industry.
Lahadalia stressed that tin-related investment must directly benefit the people of Bangka Belitung.
“Investment must grow alongside the community. As investment expands, so too must the local economy,” he said.
