{
    "success": true,
    "data": {
        "id": 1626771,
        "msgid": "video-indonesias-nickel-production-cut-in-2026-benefit-for-foreign-producers-1774000285",
        "date": "2026-03-20 16:05:29",
        "title": "Video: Indonesia's Nickel Production Cut in 2026, Benefit for Foreign Producers?",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Mining",
        "summary": "Indonesia's Ministry of Energy and Mineral Resources has reduced nickel ore production targets for 2026 to around 260 million tonnes, a 31% decrease from 2025's 379 million tonnes, potentially addressing oversupply but risking a shortfall for downstream smelters needing 340-350 million tonnes. The Indonesian Nickel Industry Forum (FINI) appreciates the move to boost prices but warns of impacts including reduced national nickel output, erosion of fiscal revenues, and benefits shifting to foreign producers. This policy shift highlights tensions in Indonesia's critical minerals strategy amid global demand for nickel in batteries and electric vehicles.",
        "content": "<p>Jakarta, CNBC Indonesia - The Ministry of Energy and Mineral\nResources (ESDM) has cut nickel ore production in the 2026 Work Plan and\nBudget (RKAB) to around 260 million tonnes, down 31% from the 2025 RKAB\nof 379 million tonnes.<\/p>\n<p>Chairman of the Indonesian Nickel Industry Forum (FINI), Arif Perdana\nKusumah, stated that the reduction to 260 million tonnes is far below\nthe estimated needs of the downstream\/smelter sector, projected at\n340-350 million tonnes in 2026.<\/p>\n<p>Nevertheless, FINI appreciates the production cut for nickel ore to\ncurb oversupply conditions and thereby boost prices, but warns that if\nthe cut is too severe, it could force the smelter industry into an\nabrupt halt.<\/p>\n<p>FINI estimates three impacts from the nickel ore production cut:\nreducing Indonesia\u2019s nickel production, eroding fiscal revenues, and\ntransferring benefits to foreign nickel producers.<\/p>\n<p>What is FINI\u2019s response to the 2026 nickel RKAB cut? What are the\nimplications for the industry? For more details, watch the dialogue\nbetween Serliana Salsabila and FINI Chairman Arif Perdana Kusumah in\nClosing Bell, CNBC Indonesia (Thursday, 05\/03\/2026).<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/video-indonesias-nickel-production-cut-in-2026-benefit-for-foreign-producers-1774000285",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}