PT Bukit Asam to Supply Coal for Inalum and Antam's Bauxite Projects in West Kalimantan

[SMM Aluminum Express News] Indonesia President Prabowo Subianto has signed Government Regulation (PP) No. 48 of 2025 on the Management of Idle Land and Areas (Penertiban Kawasan dan Tanah Telantar). The regulation empowers the government to seize non-productive land deliberately left idle by rights holders or permit owners. It targets strategic sectors including mining, plantations, industry, tourism, and housing. Affected land types: HGU (Business Use Rights), HGB (Building Use Rights), Hak Pakai (Use Rights), and HPL (Management Rights). Key change: The process, previously taking up to 587 days, is now shortened to 90 days per President Prabowo's directive

[SMM Aluminum Morning Meeting Minutes: Aluminum Ingot Inventory Buildup Pressure Rises, Aluminum Prices Mainly Under Pressure] In summary, amid the impact of previous macro headwinds, a large amount of capital took profits and exited the market, leading to a pullback in aluminum prices and a decrease in open interest. However, as precious metals did not show further signs of decline, aluminum prices stabilized accordingly. In the short term, aluminum prices are expected to consolidate with volatility.

[SMM Cast Aluminum Alloy Morning Comment: Pre-Holiday Atmosphere Heats Up, Secondary Aluminum Market in the Doldrums] Overnight, the most-traded aluminum alloy 2604 futures contract opened at 22,195 yuan/mt, pulled back after opening, and hit a low of 22,010 yuan/mt. The price then rebounded to 22,100 yuan/mt and consolidated, eventually closing at 22,175 yuan/mt, up 130 yuan/mt or 0.59% from the previous close, with bulls mainly increasing their positions.