【SMM Flash News】 Indonesia's ESDM Approves Up to 200 Million Tons of 2026 Nickel Quota

Published: Apr 7, 2026 09:45
The Indonesian Ministry of Energy and Mineral Resources (ESDM) stated to the media on Monday, April 6, 2026, that it has approved approximately 190 to 200 million tons of nickel production quotas within the 2026 Work Plan and Budget (RKAB). Director General of Minerals and Coal, Tri Winarno, noted that while the current cumulative target sits between 260 and 270 million tons, Minister Bahlil Lahadalia is considering measured relaxation for production revisions. This potential flexibility for nickel and coal miners remains contingent on price stability and the careful management of global supply and demand to ensure favorable market levels.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Data: SHFE, DCE market movement (Apr 07)
Common.Time.hoursAgo
Data: SHFE, DCE market movement (Apr 07)
Read More
Data: SHFE, DCE market movement (Apr 07)
Data: SHFE, DCE market movement (Apr 07)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 07 Apr , 2026
Common.Time.hoursAgo
[SMM Nickel Intermediate Product Daily Review] April 7: MHP and High-Grade Nickel Matte Nickel Prices Declined
Common.Time.hoursAgo
[SMM Nickel Intermediate Product Daily Review] April 7: MHP and High-Grade Nickel Matte Nickel Prices Declined
Read More
[SMM Nickel Intermediate Product Daily Review] April 7: MHP and High-Grade Nickel Matte Nickel Prices Declined
[SMM Nickel Intermediate Product Daily Review] April 7: MHP and High-Grade Nickel Matte Nickel Prices Declined
As of now, the FOB price of Indonesian MHP nickel was $15,341/mt Ni, and the FOB price of Indonesian MHP cobalt was $51,425/mt Co. MHP payables (against SMM battery-grade nickel sulphate index) stood at 86-87, and the MHP cobalt element payable indicator (against SMM refined cobalt (Rotterdam warehouse)) was 94. The FOB price of Indonesian high-grade nickel matte was $15,623/mt Ni.
Common.Time.hoursAgo
[SMM Stainless Steel Flash] Guangdong Nachuan Granted EIA Approval for 150k-Unit Stainless Project
Common.Time.hoursAgo
[SMM Stainless Steel Flash] Guangdong Nachuan Granted EIA Approval for 150k-Unit Stainless Project
Read More
[SMM Stainless Steel Flash] Guangdong Nachuan Granted EIA Approval for 150k-Unit Stainless Project
[SMM Stainless Steel Flash] Guangdong Nachuan Granted EIA Approval for 150k-Unit Stainless Project
The Environmental Impact Assessment (EIA) for Guangdong Nachuan New Materials Co., Ltd.'s relocation project was officially approved. The facility is designed for an annual output of 150,000 wear-resistant stainless steel parts, alongside 25,000 cast iron units and 26,000 alloy steel units. This approval paves the way for the company to scale up its high-performance material production, strengthening its supply capacity for industrial wear-resistant components.
Common.Time.hoursAgo