The prospects for metal mining stocks are expected to remain\nattractive until the end of 2026. A number of analysts see production\nrecovery, continued mineral downstreaming, and still-high gold prices\nand demand for metals for the energy transition as catalysts that can\nsupport the performance of issuers in this sector.<\/p>\n
However, investors still need to pay attention to a number of risks\nthat could affect the performance of the metal mining sector. These\nrange from fluctuations in global commodity prices, changes in mining\nand downstreaming policies, to geopolitical developments that could\naffect energy costs.<\/p>\n
Here are stock recommendations for the metal mining sector by each\nanalyst for Monday\u2019s trading (13\/7):<\/p>\n
Year 2026 will be an important turning point for AMMN after the\ntransition from Batu Hijau Phase 7 to Phase 8 is completed in 2025. With\nthe completion of stripping low-grade overburden, the company is\nentering a much more productive mining cycle. Phase 8 has reserves of\n442 million tonnes, or about 63% of AMMN\u2019s total reserves. We estimate\nPhase 8 will produce a mine volume of 800 thousand dry metric tonnes in\nFY26, an increase of 79.1% year-on-year.<\/p>\n
Recommendation: Buy<\/p>\n
Target price: Rp 6,500<\/p>\n
Analyst: KB Valbury Sekuritas, Ashalia Fitri Yuliana<\/p>\n
In addition to its main business in the tin sector, TINS is also\nstarting to develop a rare earth elements (REE) business. The company\nhas signed a cooperation agreement with PT Perusahaan Mineral Nasional\n(PERMINAS) through a Conditional Framework entitled Sovereign Strategic\nMineral Cooperation Framework for Tin Slag, Monazite & REE\/LTJ\nProcessing in Bangka. The cooperation focuses on the processing of tin\nslag, monazite, and rare earth elements in Bangka Belitung and has been\neffective since 20 May 2026.<\/p>\n
Recommendation: Buy<\/p>\n
Target price: Rp 4,230<\/p>\n
Analyst: PT Binaartha Sekuritas, Eka Rahmawati Rahman<\/p>\n
The Pomalaa High Pressure Acid Leach (HPAL) project will utilise\nlimonite ore with high magnesium content. This characteristic allows for\napproximately 27% lower sulphur consumption compared to other HPAL\nplants in Indonesia. We also assess that INCO\u2019s partner, Huayou, has the\npotential to prioritise the development of the Pomalaa HPAL project over\nother projects. INCO also revealed the possibility of easing government\npolicies, both regarding the Mineral Reference Price (HPM) and the\nnickel mining Work Plan and Budget (RKAB).<\/p>\n
Recommendation: Buy<\/p>\n
Target price: Rp 9,500<\/p>\n
Analyst: UBS Sekuritas Indonesia, Igor Putra<\/p>\n
ANTM\u2019s gold sales volume throughout 2026 is estimated to reach around\n40 tonnes. At the same time, global gold prices remain above the level\nof US$ 3,000 per troy ounce, thus supporting the company\u2019s\nprofitability. In addition, nickel ore sales volume is expected to\nincrease following the approval of the Work Plan and Budget (RKAB) of\n18.1 million wet metric tonnes (wmt), higher than the realisation of 16\nmillion wmt in 2025. However, the potential for a mid-year RKAB revision\ncould trigger short-term volatility in the average selling price (ASP)\nof nickel ore.<\/p>\n
Recommendation: Buy on Weakness<\/p>\n
Target price: Rp 3,000<\/p>\n
Analyst: MNC Sekuritas, Herditya Wicaksana<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/metal-mining-stock-prospects-remain-bright-here-are-analysts-recommendations-1783875013", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }