ASIATODAY.ID, JAKARTA — Indonesia has not yet decided on its total nickel production allocation for 2026, the Energy and Mineral Resources Ministry said on Thursday, pushing back against market speculation over a potential increase in mining quotas ahead of next month’s work plan revision period.
The statement comes as investors and metal traders closely monitor policy signals from Indonesia, the world’s largest nickel producer and a key supplier to the global electric vehicle battery industry.
Director General of Minerals and Coal Tri Winarno said the government was still evaluating proposals submitted by mining companies and had not reached any decision on production volumes.
“There is no decision on the numbers yet. Any changes to nickel work plans and budgets (RKAB) will go through the official evaluation process,” Tri told reporters in Jakarta.
The review is aimed at aligning mining output with domestic smelter demand, market conditions, supply chain balance and long-term resource sustainability, according to the ministry.
Under Indonesia’s mining regulations, companies may submit revisions to their RKAB after filing second-quarter operational reports, with a deadline of July 31. However, approval is not automatic and each proposal must undergo a comprehensive assessment.
As the dominant force in global nickel supply, Indonesia’s production policy has become a key driver of international nickel prices, stainless steel markets and battery supply chains, making any adjustment to mining quotas closely watched by investors worldwide. (AT Network)
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