Bisnis.com, JAKARTA — US-based investment bank JP Morgan has refreshed its preferred picks for Indonesian mining stocks at the start of January 2026.

In its latest report, Best of ASEAN: ASEAN Metals, published on January 9, 2026, Benny Kurniawan and colleagues turned first to Indonesia’s nickel sector, which has recently been weighed down by uncertainty over government approval of the Work Plan and Budget (RKAB) for a number of producers.