RE: Massive potential π₯π30 Mar 2026 08:47
The emphasis has been on Nickel and Coal and as this from today states, some of them like PYX STILL WAITING..........GLA
FLASH: Indonesia's ESDM says around 150 nickel companies have secured 2026 RKAB approval
Source: Mysteel Mar 30, 2026 07:31
Nickel
Industry Policy Supply
Indonesia's Ministry of Energy and Mineral Resources (ESDM) is accelerating the approval process for 2026 Work Plans and Budgets (RKAB), aiming to complete it before the March 31 grace period ends. Mining companies that have yet to receive RKAB approval may still continue production under government policy, albeit with restricted output.
Tri Winarno, Director General of Minerals and Coal at ESDM, recently revealed at the Coordinating Ministry for Economic Affairs office that the total number of nickel companies that have secured RKAB approval may exceed 150. Previously, the Directorate General announced on February 10 that the 2026 nickel ore production quota had been set between 260 million and 270 million tons, marking a significant decrease from the previous year's production target of 379 million tons.
Tri noted that several nickel mines operated by PT ANTAM have yet to receive RKAB approval, though he did not disclose specific numbers or locations.
ANTAM, a member of MIND ID (Mining Industry Indonesia), a state-owned mining holding company, is a diversified and vertically integrated mining company, from upstream to downstream. Through operational areas spread across Indonesia, which is rich in mineral resources, ANTAM's activities include exploration, mining, processing, and marketing of nickel ore, ferronickel, gold, silver, and bauxite.