It is reported that some leading mines in Indonesia have received full approval for RKAB, and the approval results for other mines are expected to be announced gradually.

2026-02-13 23:57:04

On February 9th, it was reported that some major mines in Indonesia have received full approval for their RKAB permits, and the approval results for other mines are expected to be announced gradually. However, amid the market sentiment’s fermentation, mining companies have shown a significant increase in forward futures quotes. Currently, the Q3800 bulk vessel price in the market is quoted at $54-56 per ton, but it is reported that some large mines’ Q3800 FOB quotes have risen to $60-61 per ton, which is somewhat disconnected from market prices. Most traders are adopting a wait-and-see attitude. Although domestic power plant bidding prices have also increased synchronously, participation enthusiasm among traders has declined due to the considerable impact of uncertainties in the future market. (Mysteel)

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