Agincourt Resources in Talks Over Environmental Fine Worth Hundreds of Billions of Rupiah

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Ecobiz.asia — PT Agincourt Resources, the operator of the Martabe gold mine, is negotiating with Indonesia’s Ministry of Environment/Environmental Control Agency (BPLH) over the payment of an environmental fine valued at hundreds of billions of rupiah.

The fine was imposed after the subsidiary of United Tractors Tbk was deemed partly responsible for environmental damage in the Batang Toru and Garoga river basins, which authorities linked to hydrometeorological disasters in the area in December 2025.

Environment Minister and Head of BPLH Hanif Faisol Nurofiq said negotiations over the payment are still ongoing.

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“Agincourt is currently in negotiations regarding the payment of the fine,” Hanif said on the sidelines of the 2026 National Coordination Meeting on Waste Management, held as part of National Waste Awareness Day in Jakarta on Wednesday (Feb. 25, 2026).

Hanif did not disclose the exact amount but confirmed that the penalty runs into the hundreds of billions of rupiah.

“I don’t recall the exact figure, but it is around Rp200 billion to Rp300 billion,” he said.

In addition to Agincourt Resources, the ministry is also negotiating with PT North Sumatra Hydro Energy (NSHE), the developer of the Batang Toru hydropower project, over the payment of damages following a civil environmental lawsuit.

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“This has entered the payment process for the civil lawsuit,” Hanif said.

Previously, the ministry filed civil lawsuits against Agincourt Resources, NSHE, and four other companies after field inspections and technical assessments concluded that their activities had caused environmental damage.

The six companies are among 28 firms whose permits were revoked by President Prabowo Subianto following findings by the Forest Area Enforcement Task Force (PKH), which linked their operations to hydrological disasters in North Sumatra, Aceh, and West Sumatra. The ministry has since revoked the environmental approvals of all the companies involved.

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Asked whether Agincourt Resources could regain its environmental approval after paying the fine, Hanif said the matter would be discussed further with the PKH task force.

“Once the payment process is completed, we will report it to the PKH task force leadership for further consideration,” he said. ***

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