Indonesia's Silver Production Realization Down 28.14% in 2021

Indonesia possesses abundant natural resources, one of which is silver. Although not as valuable as gold, silver continues to attract public attention due to its luster.

According to data from the Ministry of Energy and Mineral Resources (ESDM), Indonesia's silver production reached 113.34 tons in 2021. This figure represents a 28.14% decrease from the previous year's 157.73 tons.

Between 2016 and 2021, the highest silver production was recorded in 2019, reaching 487.8 tons. The lowest production was in 2021, at only 113.34 tons.

The Ministry of Energy and Mineral Resources (ESDM) also notes that Indonesia had silver ore reserves of 2.8 billion tons in 2020. These reserves are estimated to last 214 years (until 2234).

Several regions in Indonesia are known for silver production, including Bengkalis Regency (Riau), Bontang City (East Kalimantan), Pulau Laut (South Kalimantan), Sambas Regency (West Kalimantan), and Bolaang Mongondow Regency (North Sulawesi).

(Read More: List of the World's Largest Silver Producing Countries)