RE: Ut buy at the end spread 2.5% best I've seen for a while26 Jan 2026 22:34
Read the following it’s in the hands of the Indonesian gov not company, and the latest from their official according to article posted Twitter is decision by tomorrow if not, automatic RKAB approval will be granted..so tomorrow or Wednesday…
https://idxchannel.com/economics/kementerian-esdm-sebut-300-perusahaan-batu-bara-belum-ajukan-rkab-2026
The Director General of Minerals and Coal, Tri Winarno, detailed the new, hard-coded rule that changes everything: “If the application is complete and has not received approval or rejection after eight working days, the system will automatically issue a RKAB approval.”
For the avoidance of doubt, the new, automated, administrative mandate, within the MinerbaOne system (effective from January 20, 2026), and decreed by Indonesia's Director General of Minerals and Coal, effectively imposes a forced, bureaucratic countdown that eliminates indefinite delays.
The announcement was made yesterday (Saturday, January 24, 2026) during the Indonesia Weekend Miner event held at Plataran Hutan Kota, South Jakarta. The event featured key industry stakeholders and focused on sustainable, competitive mining and downstreaming strategies.
https://petromindo.com/news/article/photo-news-mining-stakeholders-discuss-challenges-at-indonesia-weekend-miner