Glencore Divests Significant Stake in NCKL Through Multiple Transactions

Strategic Share Sale

Glencore International Investment Ltd, a major investor in PT Trimegah Bangun Persada Tbk (NCKL or Harita Nickel), has conducted a significant divestment of its stake in the nickel producer. The sale was executed through five separate transactions on the Indonesia Stock Exchange. The first transaction occurred on December 29, 2025, where Glencore sold 3,281,900 shares at Rp 1,129 per share, totaling Rp 3.705 billion.

Transaction Details

The series of transactions resulted in a total profit of over Rp 276 billion for Glencore. The share sales demonstrate a strategic decision by Glencore to adjust its investment portfolio in the nickel sector. As a global commodities trading and mining company based in Switzerland, Glencore's move reflects broader market trends and investment strategies in the natural resources sector.

Market Implications

The sale has immediate implications for NCKL's stock dynamics and potentially affects the company's market valuation. As a listed company on the Indonesia Stock Exchange (IDX: NCKL), Trimegah Bangun Persada's stock performance is closely monitored by investors and market analysts. The transaction details were disclosed through official channels to maintain market transparency and comply with regulatory requirements.