Thu 18 Jun 2026, 16:13 PM
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PT Central Omega Resources Tbk (DKFT) is preparing to submit a revision to its 2026 Work Plan and Budget (RKAB) to Indonesia’s Ministry of Energy and Mineral Resources (ESDM), seeking an additional production quota for nickel ore in the second half of 2026.
DKFT Director Andi Jaya said the production quota allocated under the 2026 RKAB represents a decline of around 35 percent compared with last year. As a reference, the company’s nickel ore production reached 2.92 million tons in 2025.
Following the reduction in its allocated quota, DKFT has adjusted its 2026 nickel ore sales target to 1.9 million tons, lower than the 3.02 million tons recorded in 2025.
To optimize production capacity and support sales performance, the company plans to request an additional quota. The Directorate General of Mineral and Coal (Ditjen Minerba) at ESDM has opened the opportunity for mining companies to submit RKAB revisions in July 2026.
Andi did not disclose the exact additional quota DKFT will propose, but indicated that the company aims to optimize production closer to 4 million tons this year.
“We plan to submit an RKAB revision in July, with the target of optimizing production back toward around 4 million tons,” Andi said when contacted on Thursday (June 18, 2026).
He also declined to specify the remaining production quota currently held by the company, but confirmed that mining operations continue in line with the allocated allowance. “We are still within safe limits,” he said.
In the first quarter of 2026, DKFT recorded nickel ore production of 554,376 tons, down 44.37 percent year-on-year from 996,598 tons in the same period last year. Sales volume also fell 19.01 percent to 754,860 tons from 932,014 tons in Q1 2025.
Despite this, DKFT managed to post higher revenue and net profit. The company’s sales rose 20.20 percent year-on-year to IDR 506.01 billion from IDR 420.96 billion. Net profit also surged 72.97 percent to IDR 238.45 billion from IDR 137.85 billion through March 2026.
The improvement was driven by a 43 percent increase in average selling prices in Q1 2026. “The positive performance in Q1 2026 was driven by our strategy to optimize market momentum and a shift in our sales mix,” Andi said.
For the full year, DKFT is projecting revenue of around IDR 1.6 trillion and net profit of approximately IDR 628.9 billion. “We will continue to monitor market movements and regulatory dynamics to ensure our operational strategy remains adaptive and our profitability targets are maintained,” he added.