Jun 26, 2026 | Commodities, Market
Nickel and coal miners are gearing up preparations to best use the window for revision of their work plan and budget (RKAB), which will officially open July 1st. Subject to approval, this will likely drag further down international price of both commodities. “We need...
Jun 24, 2026 | Commodities, Market
Shares of Nickel Industries Ltd, which operates mines, RKEF, and HPAL nickel smelters in Indonesia, advanced 0.75% to A$0.94 on the Australia Stock Exchange (ASX) this morning as investors responded positively the company’s framework agreement for a long-term nickel...
Jun 23, 2026 | Commodities, Market
Indonesian miner PT Ithaca Resources, linked to President Prabowo Subianto’s six coal concessions in East Kalimantan province, has reportedly agreed to acquire the collapsed Australian coal miner Vitrinite for A$200 million. Vitrinite, which operated the Vulcan coal...
Jun 22, 2026 | Commodities, Market
Indonesia’s latest coal blending regulation may appear to be a technical adjustment aimed at improving oversight in the mining sector. Yet its timing raises broader questions about energy security, economic management and the growing pressures facing the country’s...
Jun 22, 2026 | Commodities
Golden Energy Mines (GEMS), subsidiary of Dian Swastatika Sentosa/DSSA (Sinarmas Group), booked net profit of US$79.75 million in the first quarter of 2026, dropped 29% from the corresponding period last year on lower coal sales volume. GEMS generated sales revenue...
Jun 19, 2026 | Commodities, Market
Minister of agriculture Andi Amran Sulaiman informed President Prabowo on Thursday (Jun 18) about his decision to file a police report against 274 palm oil producers, accusing them of manipulating the price of fresh fruit bunches (FFBs) produced by smallholders. It...
Jun 19, 2026 | Commodities, Market
Indonesia thought it would benefit from production cap of thermal coal, but export revenues dropped 3.8% year-on-year in the first four months of the year instead. Indonesia, at least Prabowo administration, believes controlling export through Danantara will elevate...
Jun 17, 2026 | Commodities, Market
Nickel gained 0.8% to US$17,955 per ton on the London Metal Exchange (LME) Tuesday (Jun 16) due to falling US dollar and tight supply from Indonesia’s production cut. The commodity gained 20.2% year-on-year, but provided asymmetric impact to nickel players in the...
Jun 17, 2026 | Commodities, Market
Bahlil Lahadalia, minister of energy & mineral resources, glorified his policy in cutting coal production behind the global price hike. Newcastle thermal coal is now traded around US$146.3 per ton, jumped 38% year-on-year, but Indonesia’s export revenues dropped...
Jun 8, 2026 | Commodities, Market
Nickel ended substantially lower at US$18,575 per ton last Friday (Jun 5) despite reports about suspension of production at PT Weda Bay Nickel (WBN), the largest nickel ore miner in Indonesia, since late May. Softer near-term demand in China and growing nickel supply...
