Harita Nickel Records IDR 6.81 Trillion Revenue in Q1 2026
Fri 29 May 2026, 13:36 PM
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PT Trimegah Bangun Persada Tbk (NCKL), also known as Harita Nickel, is continuing its measured operational management strategy across its integrated value chain in 2026, covering activities from mining to downstream processing.
“The global nickel industry is currently highly dynamic and challenging. Our focus is to maintain efficient, measurable, and responsible operations. Integration from mining to processing allows the Company to manage productivity and operational effectiveness more effectively while maintaining governance standards and long-term business sustainability,” said Lukito Gozali, Head of Investor Relations at Harita Nickel, in an official statement on Friday (29/5/2026).
Amid pressure from global nickel prices and challenging industry conditions, Harita Nickel recorded revenue of IDR 29.63 trillion in 2025 and IDR 6.81 trillion in the first quarter of 2026. The company stated that it will continue to maintain measured operations amid uncertain market conditions.
Operationally, all production lines are running according to targets, including nickel ore mining, pyrometallurgical processing through the RKEF route, and hydrometallurgical processing through the HPAL route, which produces mixed hydroxide precipitate (MHP) and nickel sulfate.
The Company continues to apply a measured operational approach throughout its value chain in response to increasingly dynamic market conditions.
Harita Nickel is also continuing various renewable energy initiatives gradually, including the development of a 40 MWp solar power plant, a 50 MWp waste heat recovery power facility from HPAL operations, and the implementation of an Energy Management System aligned with ISO 50001 standards.
The Company has also entered the corrective action stage in its performance evaluation process under The Initiative for Responsible Mining Assurance (IRMA) standards and is preparing to undergo the Responsible Minerals Assurance Process (RMAP) Supply Chain Due Diligence Plus (SCDDP) Module audit as part of strengthening ESG standards and responsible supply chain practices.
Harita Nickel also continues to strengthen its commitment to carbon emission reduction toward its net zero emission target by 2060.
In the first quarter of 2026, the Company recorded avoided emissions of 977,278 tons of CO2e, up 37% compared to the same period last year. The increase was supported by waste heat recovery utilization, biodiesel usage, and coal gasification technology implementation.
“Amid increasingly dynamic and challenging industry conditions, the Company will remain focused on efficiency, operational optimization, and strengthening long-term competitiveness. Integration from mining to processing enables the Company to maintain productivity, improve operational effectiveness, and strengthen business resilience in facing future industry developments,” Lukito concluded.
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