【SMM Nickel News】GMA Sultra Urges Suspension of PT GMS’s 2026 RKAB Over Alleged Illegal Nickel Ore Sales

Published: Feb 4, 2026 16:28

Save

According to Suara Sultra News, Garda Muda Anoa Sultra (GMA Sultra) has formally urged the Indonesian Minister of Energy and Mineral Resources to freeze the 2026 RKAB approval for PT Gerbang Multi Sejahtera (PT GMS) due to allegations of illegal nickel ore sales in 2022 using "flying documents" from PT Wijaya Inti Nusantara (PT WIN). Executive Director Muhammad Ikbal Laribae characterized the suspected practice as a serious mining crime that causes state losses, calling for an immediate audit by the Directorate General of Minerals and Coal and warning of potential mass protests and reports to the KPK (Anti-Corruption Commission) if the government fails to take firm action against such illicit mining activities.

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 for 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

16 hours ago

[SMM Analysis] May 2026 Global (Ex-China) Stainless Steel Market Review, Indonesia Export Six-Month Rally Ends

The global stainless steel market navigated a series of sharp sentiment. The opening weeks saw Indonesia's mill closures and price hikes push the cost narrative to its highest point of the year, before a combination of easing geopolitical tensions triggered the first price reduction since December 2025. The month's defining characteristic was similar to April's. What differentiated May was the sharply higher amplitude of both the policy signals and the emotional swings that accompanied them.

16 hours ago

17 hours ago

Nickel Market Sees Stable Futures, Tightening Spot Liquidity, and Cautious Trading Amid Price Resistance

[SMM Nickel News] June 15 update: Floor trading still mainly adopts the futures average price plus premium model, and spot cargo liquidity is tightening. Overall, with futures stabilizing and market sentiment recovering, suppliers' willingness to hold prices firm is strengthening, but downstream procurement pace is cautious, and landing of high-priced supply still faces resistance. In the short term, the market may continue the trend of firm offers and mild trading game.

17 hours ago

19 hours ago

Data: SHFE, DCE market movement (Jun 15)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 15 Jun , 2026

19 hours ago