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Fri 28 Aug 2026, 09:04 AM
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PT Indo Tambangraya Megah Tbk. (ITMG) has revealed that it has received approval for its revised 2026 Work Plan and Budget (RKAB) submitted last month, bringing the group’s production quota to 23 million tons.
ITMG Director Yulius Kurniawan said the company received approval for the revised RKAB this month, but declined to disclose the amount of the increase in its production quota following the approval.
“For the 2026 RKAB revision, we submitted it in July and received approval this month. Currently, the 2026 RKAB we have received is approximately 23 million tons,” Yulius told Bloomberg Technoz on Friday (August 28, 2026).
Furthermore, Yulius confirmed that the company is preparing the required documents to submit its 2027 RKAB in October.
“As for the 2027 RKAB, it is currently still in the preparation stage for submission in the coming months,” he said.
ITMG has been cited as one of the coal mining companies that faced a substantial production cut under the 2026 RKAB.
Earlier this year, Indonesian Mining Experts Association (Perhapi) Advisory Board member Irwandy Arif said the issue regarding the size of the cut arose after ITMG’s initial production recommendation received through the MinerbaOne application was slashed by as much as 90% from the amount it had proposed.
Nevertheless, the ITB Mining Engineering professor emphasized that the production cut affecting ITMG’s subsidiary was not yet final, as the 2026 RKAB for coal commodities had not yet been issued.
“Regarding the RKAB cuts, none have been officially confirmed yet, for example company A or company B. That’s the first point. Second, it’s not 40%-60%, but some have been affected by as much as 90%. There is an ITMG subsidiary involved, but this is not yet official, meaning that what was previously on the Minerba website has disappeared,” Irwandy said at a Perhapi workshop in mid-February 2026.
Irwandy said that if the company had proposed a production target of 1 million tons, its coal production allocation under the 2026 RKAB could plunge to 100,000 tons.
Regarding RKAB revisions, under Energy and Mineral Resources Ministry Regulation No. 17/2025, mining companies may submit changes to their RKAB after submitting periodic reports through the second quarter, or no later than July 31 of the current year.
Currently, industry players are still waiting for the government’s evaluation and approval of the RKAB revisions submitted last month.
The Energy and Mineral Resources Ministry claims to have begun approving several 2026 RKAB revision applications for coal and nickel commodities.
Energy and Mineral Resources Ministry Director General of Mineral and Coal (Minerba) Tri Winarno said around a dozen nickel companies and a dozen coal companies had received approval for their 2026 RKAB revisions.
However, Tri declined to elaborate on the additional production quota volumes approved for coal and nickel.
“Yes, there have been several [RKAB revision applications approved]. I haven’t counted the number. Maybe around that number [around a dozen companies each for coal and nickel],” Tri told reporters after IIGCE 2026 in South Jakarta on Wednesday (Aug. 19, 2026).
Tri indicated that several mines that had previously suspended operations due to RKAB issues are now able to resume operations. However, he did not disclose the names of the mining companies.
Previously, Energy and Mineral Resources Minister Bahlil Lahadalia also stressed that production quotas granted under the 2026 RKAB revisions would be determined in a measured manner.
He said the Energy and Mineral Resources Ministry would take domestic demand into account, as well as supply and demand conditions that would affect global commodity prices.
“I have said that we are implementing the RKAB very cautiously, taking supply and demand into account. If this is not done carefully today, prices could fall further. Therefore, regarding the RKAB, we are implementing a measured relaxation,” Bahlil said at the Energy and Mineral Resources Ministry office on Monday (August 3, 2026).
However, Bahlil declined to provide information on the projected additional production quotas to be granted by the government under the 2026 RKAB revisions.
Bahlil emphasized that such information could affect global commodity market movements and prices, particularly for coal and nickel ore.
“There are [changes in production quotas under the 2026 RKAB], but don’t ask me how much the change is, because once I disclose it, prices could become volatile again,” Bahlil said.
The Energy and Mineral Resources Ministry has cut this year’s coal production target under the 2026 RKAB. Coal production under the 2026 RKAB is set at around 600 million tons, down from the 2025 production realization of 817.48 million tons.