Mangkuluhur Mineral Indonesia HPM · $53.77/WMT · NI 1.40% · AUG 2026 · I
01 / 05 CARGO LOG · MINE → SMELTER
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Sumber · Source

Nickel ore, moved
on certificate.

MMI buys free on board at partner mine jetties — laterite nickel ore, mined and stockpiled at the pit, secured under supply agreements with licensed mines. The start of every cargo.

01 · FOB ORIGIN  ·  PARTNER MINE JETTIES  ·  LICENSED IUP-OP SOURCES

Muat · Loading

Loaded at the
mine jetty.

An independent surveyor samples every cargo before it sails. The loaders trim the hold, a draft survey fixes the tonnage — near nine thousand wet tonnes to a barge, made fast, ready to go.

02 · SURVEYOR SAMPLING  ·  DRAFT SURVEY  ·  ±8,800 WMT PER BARGE

Pelayaran · Voyage

Under tow.

The operations desk charters tug-and-barge sets, insures the cargo, and supervises the voyage end to end — two to three days at sea, a sailing permit for every departure.

03 · TUG + BARGE  ·  FULLY INSURED  ·  SPB PER VOYAGE

Serah · Delivery

Delivered on
certificate.

At the smelter jetty in Sulawesi, the surveyor's Certificate of Analysis fixes the final price — benchmark-linked and transparent for both sides, on every cargo, sold CIF.

04 · CIF DELIVERY  ·  FINAL ON COA  ·  HPM-LINKED

From the mine
to the smelter.

Not a mine. Not a smelter. The licensed Indonesian trader that connects the two — every cargo certified, insured, and priced on the government benchmark.

0 WMT nickel ore barged
0 Tug-and-barge voyages
0 Average nickel grade

NIB-LICENSED TRADER · LICENSED MINE PARTNERS · SURVEYOR-CERTIFIED COA · KEPMEN ESDM 144/2026

info@ptmmi.id →

Siapa Kami · About

Not a mine. Not a smelter.
The party that connects the two.

A licensed Indonesian nickel-ore trader, based in Jakarta. We buy laterite ore free on board at partner mine jetties, move it by tug and barge, and deliver it CIF to nickel smelters in Sulawesi.

Supply comes from agreements with licensed nickel mines, every cargo is certified by an independent surveyor, and every price follows Indonesia's regulated mineral benchmark.

Company
PT. Mangkuluhur Mineral Indonesia
Business
Nickel-ore trading & marine logistics — pengangkutan dan penjualan bijih nikel
Status
Licensed Indonesian nickel-ore trader (NIB, 2025)
Head office
The Plaza Office Tower, 45th Floor · Jakarta Pusat

Cara Kerja · How we work

One cargo,
three passages.

01 · ORIGIN

Sourced at the mine

Ore lifts free on board at partner mine jetties under long-term supply agreements. An independent surveyor samples every cargo before it sails.

LICENSED PARTNER MINES

02 · VOYAGE

Carried by sea

The operations desk charters tug-and-barge sets, insures the cargo, and supervises loading and the crossing from end to end — a sailing permit for every departure.

2–3 DAYS UNDER TOW · FULLY INSURED

03 · DESTINATION

Delivered on certificate

At the smelter jetty, the surveyor's Certificate of Analysis fixes the final price — transparent for both sides, every time.

CIF SULAWESI · FINAL ON COA

MINE until loading → MMI load → discharge → SMELTER from discharge

Title passes only twice — a complete paper trail follows every cargo.

Kendali Mutu · Grade control

Grade is settled
before the barge sails.

Field instruments guide where material is hauled — they never set the sale quality. That is fixed solely by the independent surveyor appointed to that cargo, the same body that issues the barge Certificate of Analysis. No ore travels pit to barge directly: everything passes through a stockpile and a pre-shipment inspection first.

Grades are never mixed in one hauling truck, stockpiles are kept drained so moisture stays low — moisture is the term that discounts the whole HPM — and tonnage per dome is proved by draft survey, not by counting truck loads. Only market-ready, on-spec ore is loaded.

NI CUT-OFF 1.40% · NO GRADE MIXING · DRAINED STOCKPILES · DRAFT SURVEY PER DOME

Gate 01

At the face

Ore boundaries are sampled and the working face is marked out by grade class before any material moves.

Gate 02

On the haul

Material is classified and hauled to its own destination — ore, transition, or waste — in clean equipment.

Gate 03

At the stockpile

Ore is placed in segregated domes, kept drained, and held for pre-shipment inspection before it can be nominated.

Gate 04

At the barge

Inspection pass and draft survey gate the shipping instruction — a failed dome is corrected, not loaded.

Harga · Pricing

Regulated, transparent,
benchmark-linked.

Every price starts from HPM — Indonesia's regulated mineral benchmark. Under Kepmen ESDM No. 144/2026 (in force 15 April 2026) it is computed on a wet-tonne basis from four government reference prices — nickel, iron, cobalt and chrome — each corrected for grade, summed, then discounted for moisture and converted at the Bank Indonesia mid-rate. Both sides verify every invoice from public figures. No black boxes.

KEPMEN ESDM 144/2026 · USD/WMT × (1 − MC) · BI MID-RATE

HPM · USD / WMT · Kepmen 144/2026

[  Ni · CF · HMANi
+ Fe · CF · HMAFe · 100
+ Co · CF · HMACo
+ Cr · CF · HMACr · 100  ]
× ( 1 − MC )

Cobalt counts only at 0.05% and above — below that the term drops out.

Price basis · HMA USD/DMT & kurs IDR/USD — editable

Defaults: HMA period I August 2026 (Kepmen ESDM No. 312.K/MB.01/MEM.B/2026) · kurs BI mid-rate 3 August 2026. Per Kepmen 144/2026 the kurs that applies to a cargo is the BI mid-rate on the first working day of the B/L month — override the fields above to price a different period.

Certified ore spec · from the COA

1.40%
20%
0.05%
1.0%
35%
Ni 1.40%CF 28%$42.41
Fe 20%CF 30%$5.50
Co 0.05%CF 30%$5.45
Cr 1.0%CF 10%$0.41
$53.77/WMT ≈ Rp 971,100 / WMT

HMA basis Aug 2026 · period I · kurs Rp 18,058 · indicative

Produk · Product & services

Laterite nickel ore,
to contract spec.

ParameterTypical range
Nickel grade (Ni)1.4 – 1.8%
Iron (Fe)15 – 49%
Cobalt (Co)0.03 – 0.10%
Moisture (MC)30 – 35%
BasisSold per WMT · priced on certificate

Our cargoes feed rotary-kiln and RKEF nickel smelters across Sulawesi — the same certified quality and benchmark-linked pricing on every barge, from a single spot cargo to a term contract.

RKEF SMELTERS · MOROWALI & MOROWALI UTARA · CIF SMELTER JETTY

Service 01

Heavy-equipment leasing

Excavator and dump-truck fleets leased to mine operators with guaranteed utilisation floors.

Service 02

Marine logistics

Chartering, barging, transshipment, and port clearance on every mine-to-smelter run.

Service 03

Market intelligence

Semi-monthly HPM / HMA and FX-direction briefings for partners and counterparties.

Rekam Jejak · Track record

Voyage after voyage,
on the record.

0 WMT ore shipped · Aug 2025 – Mar 2026
0 Tug-and-barge voyages completed
0 Average nickel grade delivered

Safety

Zero-harm objective — supervised loading on every cargo and a valid sailing permit for every departure.

Environment

Permitted sources only — ore lifts from licensed mining concessions under approved annual work plans.

Community

Value stays local — mining, loading, and barging engage local crews, contractors, and services in each mine's host region.

Governance

A trail per cargo — licensed conduct, arm's-length contracting, and a complete document trail from instruction to invoice.

Sertifikasi · Certifications & licences

Every cargo,
backed by paper.

Independent surveyors

Certified, every cargo

Sampling and analysis by registered independent surveyors — whichever firm is appointed, the certificate fixes quality, quantity, and the final price.

REGISTERED SURVEYORS · COA PER CARGO

Fleet & voyage

Seaworthy & insured

Chartered tug-and-barge sets, marine-insured, with a port-clearance sailing permit for every departure.

MARINE INSURED · SPB PER VOYAGE

Licensed trader

Fully permitted

A registered Indonesian nickel-ore trader, drawing on approved production quotas from licensed mining concessions.

NIB 2025 · IUP-OP SOURCES · RKAB QUOTAS

Regulated pricing

By the book

Every price follows Indonesia's official mineral benchmark and royalty framework, period by period.

KEPMEN ESDM 144/2026 · PP 19/2025

Kontak · Contact

Let's talk about
the next cargo.

For offtake, supply, or logistics enquiries — from a single spot cargo to a term contract — reach the commercial desk directly.

info@ptmmi.id →

Office
The Plaza Office Tower, 45th Floor · Jl. M.H. Thamrin Kav. 28–30, Menteng, Jakarta Pusat 10301
Email
info@ptmmi.id