[SMM Conference] ICM 2026: Opportunities for Energy Transition in Indonesia's Mining Sector

From June 3 to June 5, Indonesia Critical Minerals 2026 was held at the Pullman Jakarta Central Park in Jakarta, Indonesia. The conference was organized by Shanghai Metals Market (SMM) and co-organized by the Indonesia Nickel Miners Association (APNI), the Ministry of Foreign Affairs of the Republic of Indonesia, the National Economic Council of Indonesia, and MMR, in a strategic partnership with the Jakarta Futures Exchange.

The conference featured six dedicated forums: the main forum, the nickel and cobalt forum, the tin forum, the coal & energy transition forum, the aluminum forum, and dedicated sub-forums, attracting 3,500+ attendees from 45 countries and regions worldwide, featuring more than 120+ speakers sharing insights on market prices, supply-demand patterns, industry policies, low-carbon development, and ESG development, etc.  

Conference Background 

As the largest economy in Southeast Asia, Indonesia is accelerating its energy transition and green, low-carbon development, presenting strategic opportunities for the PV and energy storage industry. To realize its 2060 carbon neutrality vision, the Indonesian government has issued a national energy plan that explicitly sets a target of 100 GW of PV installations by 2030. At the same time, Indonesia's resource-based industries such as nickel ore are concentrated, and mining enterprises face increasingly stringent ESG compliance requirements and pressure for sustainable transformation. Coupled with the challenges of accelerating domestic industrialization and persistently tight power supply, equipping mines with PV and energy storage systems has become a core pathway to addressing power shortages, reducing carbon emissions, and controlling energy costs. Market demand is being rapidly unleashed, creating vast opportunities for future industrial cooperation. Against this backdrop, SMM has organized a Coal & Energy Transition Forum at this conference, aiming to gather industry elites and jointly explore new opportunities for PV+ESS development in Indonesia.

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June 4: Coal & Energy Transition Forum

Keynote Speeches

Keynote Speech: The Future of Renewable Energy for Mining Contractors in Indonesia

Guest Speaker: Bambang Tjahjono, Executive Director of ASPINDO

Panel Discussion: The Indonesia 2060 Net-Zero Roadmap: The Role and Transition Pathway for the Mining Sector

Moderator:  Verena Streitferdt, Director, Tri Hita Consulting

Panelists:

Alfonsius Ariawan, Mining & Metals Lead, Indonesia, dss+

Yan Yan Muhammad Achdiansyah, Innovative Project Manager for Asia Pacific, HDF Energy

Ardhi Ishak, Chairman of Industry Relations & Industry Associations, PERHAPI (Association of Indonesian Mining Professionals)

Keynote Speech: Banking on the Transition: Sustainable Finance Solutions for Indonesia’s Mining and Energy Sector

Guest Speaker: Dendi Ramdani, Vice President for Industry and Regional Research, PT Bank Mandiri (Persero) Tbk.

[Panel Discussion] Reshaping the Role of Coal: Balancing Indonesia's Energy Security and Just Transition

Moderator: Muhammad Saly Putra, Head of Marketing, MMS Resources

Panelists:

Putra Adhiguna, Managing Director, Energy Shift Institute

Anton Frian Yohanes Reynaldo, Global Relations Team, Badan Pengaturan Badan Usaha Milik Negara (BP BUMN)

Gita Mahyarani, Executive Director, APBI-ICMA

Emmanuel Jefferson Kuesar, Chief Executive Officer, Sun Energy

Ardhi Ishak, Chairman of Industry Relations & Industry Associations, PERHAPI (Association of Indonesian Mining Professionals)

Keynote Speech: Shifting Global Demand: Capturing Emerging Markets in South Asia

Guest Speaker: Vasudev Pamnani, Director, iEnergy Natural Resources Limited

Executive Roundtable – Margin Protection Strategies: Managing High Production Costs, Royalty Hikes, and Domestic Pricing Caps

Moderator: Kevin Triadi Gunawan, Country BD Manager, Argus

Panelists:

Suryo Suwignjo, CEO, PT Titan Infra Sejatera

Ashok Mitra, Senior Advisor, Bakrie Capital Indonesia

FH Kristiono, CEO, UCoal

Keynote Speech: The Cost of Compliance: Balancing Cash Flow and Strategic Investment Amidst RKAB Quota Cuts and DMO Burdens

Speaker: Subhashish Datta, CFO, Kaltim Prima Coal

June 5 Coal & Energy Transition Forum

Keynote Speeches

Panel Discussion: Vision to Leverage 100GW of Solar - What are the Opportunities and Challenges

Moderator: Tengku Zulchairi P., Indonesia Sales Manager, LONGi Solar

Panelists:

Dr. Farid Wijaya, Manager of Sectoral Decarbonization Research, Institute for Essential Services Reform (IESR)

Eka Himawan, Co-Founder & Managing Director, Xurya Daya Indonesia

Johan Hadi Wardoyo, Chief Commercial Officer, PT Trina Mas Agra Indonesia

Keynote Speech: Navigating the Cycles: The Evolution of Global PV Supply Chains and Its Strategic Impact on Indonesia

Speaker: Ryan Tey Tze Yang, PV Analyst, Shanghai Metals Market

Keynote Speech: From Ambition to Action: AESI's Roadmap for Solar deployment in Indonesia's Critical Minerals Sector

Speaker: I Made Aditya Suryawidya, Vice Chairman of Research and Technology, Asosiasi Energi Surya Indonesia (AESI)

Panel Discussion: Hybrid Energy Systems: Designing the Optimal Mix of Solar, Storage, and Diesel for Mega-Mines

Moderator: Ryan Tey Tze Yang, PV Analyst, Shanghai Metals Market

Panelists:

Eka Satria, CEO, Medco Power Indonesia

Ricky Cahya Andrian, Vice President of Decarbonization Business Development and Energy Management, PT PLN (Persero)

Karina Darmawan, Chief Executive Officer, SUN Mobility

Muchtazar, Head of Sustainability, Nickel Industries Limited

Nian Gao, Director, Microgrid Solution Department, Sungrow

Keynote Speech: EV Infrastructure & Energy Storage: The Final Piece of the Mining Decarbonization Puzzle

Speaker: Christopher Marvel, Country Business Development Manager - Indonesia, StarCharge

Mining carbon emissions are typical operational emissions, with emission sources spanning the entire operational chain of a mine.

Mine decarbonization cannot be achieved solely through carbon disclosure, carbon offsets, or green procurement. Daily production activities such as transportation and turnaround, captive power supply, crushing and grinding, mine ventilation, and process electricity are the core carriers of carbon emissions.

The core challenge for the industry today is to steadily reduce carbon emission intensity against a backdrop of growing demand for minerals. This requires a systematic restructuring of the mine’s overall energy system, rather than simply replacing fuels for individual equipment.

Diesel-powered transport is the key battleground for carbon reduction in mines

Various types of mobile equipment are the key targets for carbon emission monitoring. The average annual fuel consumption of a single mining truck is close to one million liters.

For open-pit mines, fuel consumption is closely linked to haul distance, road gradient, payload, dispatch management, and vehicle idling. Therefore, the transport phase becomes the optimal breakthrough point that balances carbon reduction and production efficiency.

The electrification of mining trucks is not a technical bottleneck; the real key lies in whether the supporting core infrastructure, such as charging and energy storage, can enable the equipment to operate at full capacity and ensure that production is not affected.

The global fleet of large mining haul trucks numbers about 28,000 units, and is still predominantly diesel-powered. According to RMI estimates, the average annual diesel consumption of a single truck reaches 900,000 liters; energy consumption by haul vehicles accounts for 30%–50% of total mine energy use, corresponding to annual CO2 emissions from the global fleet of approximately 68 million mt.

Keynote Speech: From Blueprint to Site: Engineering Practices for High-Availability PV-Storage Microgrids in Indonesia’s Tropical Rainforests

Guest Speaker: Frank Qi, CEO, AI Power (Suzhou) Tech. Co., Ltd.

Suryawan Teddy, Director of ATW Solar

Panel Discussion: What Will Drive the Next Wave of Industrial Solar in Indonesia?

Moderator: Eric C. Listyosuputro, Partner, EY-Parthenon Indonesia

Panelists: Jannata (Egi) Giwangkara, Country Lead – Indonesia, Climateworks

Zidny Ilman, Associate Vice President of Public Policy and Government Relations, Suryanesia