Indonesia Takes Over Mines and Palm Oil as Crackdown Widens
Indonesia is tightening its grip on the country's natural resources sector. The government has taken control of over 674,000 hectares of palm oil plantations and seized parts of two major nickel mines. This move is part of a broader crackdown on illegal practices in the industry. The takeover of these assets gives Indonesia a significant portfolio in the production of both palm oil and nickel, two of the country's major exports. The decision reflects the government's efforts to assert more control over its natural resources and ensure compliance with regulations. The article suggests that this crackdown is part of a wider strategy to address issues in the natural resources sector, which has long been a source of controversy and environmental concerns in Indonesia.
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