Global Commodities Boom: Analysts Highlight Opportunities in Indonesian Mining Stocks
Jakarta – Market observer Hans Kwee has advised investors to pay close attention to commodity sector stocks amid rising global geopolitical tensions and soaring demand for technology industry raw materials. These developments are expected to drive up prices for strategic commodities such as gold, nickel, and coal.
According to Kwee, Indonesia is in a favourable position owing to its substantial natural resource reserves that are essential to global industries. This situation means several mining companies listed on the domestic stock exchange have potential to benefit from shifts in global economic trends.
“There’s a commodities boom right now – we have nickel here, tin here, gold here, coal too. All these resources have potential to rise because of artificial intelligence developments,” Kwee said during an interview at the Indonesia Stock Exchange in Jakarta on Thursday, 12 March 2026.
He explained that global investment flows are now shifting from country-based approaches to sector-based approaches. Investors increasingly seek sectors benefiting from changes in the global economic structure.
One major driver of this shift is the rapid advancement of artificial intelligence (AI) technology. Building data centres and digital infrastructure requires substantial energy and various industrial raw materials.
This demand has the potential to increase demand for various commodities, particularly industrial metals and energy sources. Countries with large commodity reserves, such as Indonesia, are seen as having greater opportunities to attract global investor interest.
Additionally, Kwee highlighted the trend of rising gold prices, which are expected to continue over the long term. According to him, global economic uncertainty is prompting several countries to increase their gold reserves.
“Look at gold prices rising sharply, and they’ll keep rising because the world is losing faith in the US dollar, so countries are converting their foreign exchange reserves into gold,” he said.
Rising precious metal prices typically have a direct impact on gold mining company performance. When commodity prices increase, companies in the sector have potential to record higher revenues and profit margins.
Beyond gold, nickel is also considered to have strong prospects given its critical role in global supply chains, including the technology and energy sectors.
“And be careful – nickel is almost 99.9 per cent recyclable and can become nickel again. So we shouldn’t deplete our nickel reserves too quickly; it’s better to limit extraction so its value can increase,” Kwee said.