In May 2022, PT Berkat Bara Jaya (PT BBJ), a subsidiary of coal mining issuer PT Alfa Energi Investama Tbk (FIRE), filed a lawsuit against the Minister of Investment or the Head of the Investment Coordinating Board (BKPM). Apparently, the company’s Production Operation Mining Business License (IUP-OP) was revoked in March 2022, along with the decision on revocation of thousands of other licenses implicating other companies. To subscribe please click here
