KESDM Approves Vale's 2026 Work Plan and Budget

Mine (Photo: dok Antara)

JAKARTA - PT Vale Indonesia Tbk (INCO) announced that the 2026 Work Plan and Budget (RKAB) has received official approval from the Ministry of Energy and Mineral Resources (ESDM) today, Thursday, January 15.

President Director and CEO of Vale Indonesia, Bernadus Irmanto said, this approval reaffirms the Company's operational certainty and the continuation of PT Vale's long-term investment as part of Indonesia's national nickel ecosystem and global supply chain.

"With the approval obtained, PT Vale is currently focusing on restoring all operational and construction activities in Sorowako, Pomalaa, and Bahodopi based on safety aspects as the main priority in accordance with the applicable licensing provisions, so that it can run optimally to catch up with the previous temporary suspension," said Bernadus, Thursday, January 15.

He said, the RKAB 2026 approval was the implementation of the Government's policy to re-implement the annual RKAB approval mechanism, replacing the previous scheme which was based on a three-year integrated with other basic permits. PT Vale welcomes this certainty as an important foundation for maintaining production discipline, good governance, and the sustainability of the national nickel industry.

"With complete licensing, all of our activities are now running back to normal, obedient, and sustainable," continued Bernardus.

With the enactment of the 2026 RKAB, the company will continue its operational and production plans in accordance with the given approval, as well as ensure the continuity of supply for the national processing and refining industry.

Through its experience of more than five decades of operating in Indonesia, PT Vale continues to contribute through state revenue from taxes and non-taxes (PNBP), job creation and stability, strengthening the supply chain and the involvement of local actors, as well as long-term investment in the downstream and value chain of electric vehicles (EV).

In line with the Government's agenda, the Company also continues to invest in low-emission technologies and the development of advanced processing capacity, including the High Pressure Acid Leach (HPAL) project, to improve the competitiveness of Indonesia's nickel industry in the global market.