Jakarta, TAMBANG, – Nickel mining company PT Vale Indonesia, Tbk (INCO) announced that it is temporarily suspending mining operations. This policy was taken after the company had not yet received approval for the 2026 RKAB issued by the Government until the beginning of this year.
“This condition means that the Company is not legally permitted to carry out mining operational activities at this time. As a form of compliance with legal provisions and the implementation of good corporate governance, the Company is temporarily suspending mining operations in all areas of the Company’s Special Mining Business License (IUPK) until official approval is issued,” said Corporate Secretary Anggun Kara Nataya in the Information Disclosure at the Indonesian Stock Exchange in Jakarta (2/1/2026).
It was also explained that this step was taken to ensure that all business activities run in accordance with applicable laws and regulations. The company also believes that this delay will not disrupt overall operational sustainability and hopes that approval for the 2026 RKAB can be issued in the near future.
The Company remains committed to maintaining business stability, complying with the law, and providing sustainable added value for shareholders. This is also in line with the Company’s aim to manage natural resources responsibly and sustainably for the welfare of society and the environment.
The company explained that the delay in RKAB approval had an impact on the temporary suspension of the Company’s operational activities in all of the Company’s IUPK areas. However, this condition does not have a direct material impact on current financial conditions.
The Company hopes that approval for the 2026 RKAB can be issued in the near future and the Company remains committed to maintaining business continuity, work safety and operational stability.
For your information, the Government in the middle of this year revised the policy regarding the Budget and Cost Work Plan (RKAB) from the previous 3 years back to one year. This policy change will allegedly have an impact on delays in approval of the RKAB. The subsequent impact is that the company cannot carry out production operations if the RKAB has not been approved.
Source: www.tambang.co.id
