Mining - Annual RKAB required

Mining - Annual RKAB required Indonesia's Energy and Mineral Resources Ministry (ESDM) will require mining companies to submit their 2026 Work Plan and Budget (RKAB) proposals by October 2025, following a policy shift from a 3-year to an annual RKAB cycle. The ministry also emphasized that RKAB submissions will not be approved unless companies have placed their post-mining reclamation guarantees, reinforcing stricter environmental compliance. (Source : Bloomberg) Comment : The shift from a 3-year to an annual RKAB cycle reflects ESDM’s effort to better align production with market demand, but mismatches in supply planning. While most 2025 RKABs have been approved (191 for minerals, 587 for coal), the new scheme may impact miners' planning certainty going forward.