Alamtri Minerals Indonesia, ID1000165608

BRI Danareksa keeps 6 million ton outlook for Alamtri Minerals Indonesia stock

Published on 10/13/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 31.52 percent to USD 583.87 million. Alamtri Minerals Indonesia stock sits 37.72 percent below its 52-week high.

BRI Danareksa kept Alamtri Minerals Indonesia's 2026 metallurgical coal sales outlook at 6.00 million tons.
The outlook is below management's 6.30 million ton initial target and reflects logistics risks on the Barito River.
First-half 2026 revenue rose 31.52 percent to USD 583.87 million and net income increased 24.00 percent to USD 174.17 million.
The stock was last at IDR 1,445.00 on the IDX on October 13, 2026, 37.72 percent below its 52-week high.

Alamtri Minerals Indonesia, ID1000165608, Illustration mit AI erstellt.

Alamtri Minerals Indonesia (ISIN ID1000165608) was last at IDR 1,445.00 on the IDX on October 13, 2026 at 2:54 p.m. WIB. In an October 11, 2026 report, investor.id said BRI Danareksa Sekuritas kept its 2026 metallurgical coal sales projection at 6.00 million tons, below management's initial 6.30 million ton target.

Three dated operating markers

On September 23, 2026, Alamtri Minerals Indonesia had reported first-half revenue of USD 583.87 million, up 31.52 percent from USD 443.94 million a year earlier, according to Katadata. On October 7, 2026, the same report put first-half net income at USD 174.17 million, up 24.00 percent from USD 140.49 million. On October 8, 2026, BRI Danareksa maintained its 6.00 million ton 2026 sales view, as reported by APBI-ICMA.

What drives the 2026 view?

The central issue is execution rather than demand alone. investor.id reported that Barito River transport disruptions could limit third-quarter 2026 sales to 0.50 million-0.70 million tons, while contracted shipments could support a recovery in the fourth quarter.

That gap matters because the 6.00 million ton projection is 4.76 percent below the 6.30 million ton initial target. APBI-ICMA also reported that delayed pricing could prevent Alamtri Minerals Indonesia from capturing the full August 2026 coking coal price increase.

Stock remains below its yearly high

Alamtri Minerals Indonesia's IDR 1,445.00 price on the IDX stood 37.72 percent below its IDR 2,320.00 52-week high and above the IDR 1,180.00 low on October 13, 2026. Its market capitalization was IDR 59.1 trillion on the same date. The company says it focuses on metallurgical coal mining and mineral processing, including an aluminium smelter project, on its official website.