Indonesian Mining Association on Tuesday urged the government to reconsider a plan to hike royalty rates for mining products as miners are already struggling with rising operational costs and tight cash flow.

The Indonesian Mining Association (IMA) has urged the government to reconsider its plan to increase royalty rates for mining products as miners face rising operational costs and tight cash flow

Indonesia is contemplating an increase in the royalties paid by mining companies for commodities such as coal, nickel and copper. This proposal is part of the new government's plan to accommodate President Prabowo Subianto's spending initiatives,