【SMM Flash News】PT Vale Indonesia’s 2026 RKAB Quotas Fall Significantly Short of Targets for Bahodopi and Pomalaa

Published: Apr 16, 2026 17:12

Save

PT Vale Indonesia (INCO) reports a major shortfall in its 2026 approved RKAB quotas compared to internal targets. The Bahodopi mine was granted 2.31 million tons (74% below target), while Pomalaa received 5.8 million tons (68% below target). CEO Bernardus Irmanto noted that the Pomalaa quota falls short of the 7 million tons needed for the smelter's planned August 2026 launch. Combined with a 6% decline in Sorowako’s nickel matte target (67,645 tons) due to furnace maintenance, INCO faces tightening supply constraints across its 2026 roadmap.

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

56 mins ago

[SMM Analysis] Indonesia's Nickel Benchmark Price Broke Through $18,000 with Strong Momentum, Extreme Weather and Policy Dynamics Intensified Price Divergence

56 mins ago

4 hours ago

【SMM Analysis】Weekly Review of Indonesian Nickel Market - May 15

4 hours ago

5 hours ago

SMM 10-12% High-Grade NPI Price Drops to 1,146 Yuan, Indonesian NPI FOB Rises to $147.75 Amid Market Tug-of-War

[SMM Nickel Flash] The average price of SMM 10-12% high-grade NPI fell 4.5 yuan/nickel unit WoW to 1,146 yuan/nickel unit (ex-factory, tax included), while the average Indonesian NPI FOB index price rose 0.97 $/nickel unit WoW to 147.75 $/nickel unit. This week, the high-grade NPI market overall maintained a pattern of fluctuating at highs, with significant divergence between sellers and buyers. Prices edged lower in center amid the tug-of-war between cost support and weak demand, and overall market sentiment remained subdued.

5 hours ago