Chinese steel and metals data service
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Mysteel · China · Indonesia's 2026 nickel-mining quota hits its ceiling, starving smelters
Mysteel's FLASH reported that approved 2026 RKAB nickel-ore quota has reached the ceiling ESDM set early in the year, with the mid-year supplementary application window approaching. Frames the total and release schedule as the market's central unknown, deflating hopes of an automatic top-up.
“As of end-June, the approved RKAB quota for Indonesian nickel ore in 2026 has reached the upper limit set by ESDM at the beginning of the year.”