MIND ID Drives Indonesia's Downstream Mining Sector, Contributes Trillions to State

Indonesia's state-owned mining holding, MIND ID, is consistently fulfilling its strategic role in advancing national downstream industrialization, aiming to generate significant value for the Indonesian economy. The company has maintained positive business performance, enabling it to deliver sustainable contributions and benefits to the nation.

Pria Utama, Corporate Secretary of MIND ID, highlighted the company's function as an integrator, synergizing the mineral and coal downstream supply chain across Indonesia. This is evident in collaborations such as ANTAM and Freeport Indonesia for the national gold downstream supply chain, and INALUM, ANTAM, and PT Bukit Asam for the bauxite-alumina-aluminum downstream supply chain. MIND ID is also strengthening strategic mineral downstream supply chains, including nickel, copper, and tin, and is involved in establishing a national electric vehicle battery ecosystem.

These efforts have resulted in impressive financial figures for MIND ID. The company recorded revenues of Rp 159.46 trillion, a 10 percent increase from the previous year's Rp 145.21 trillion. Net profit reached Rp 29.89 trillion, exceeding the company's target by 16 percent. These achievements were accompanied by substantial contributions to shareholders and stakeholders, including taxes, non-tax state revenue, royalties, and dividends totaling Rp 22.6 trillion.

Utama stated that these accomplishments are proof of MIND ID's management's commitment to ensuring state-owned enterprises are managed effectively to provide optimal contributions to Indonesia. He emphasized that the company's performance in fiscal year 2025 reflects its ability to maintain business resilience through adaptive and integrated strategies across all MIND ID Group members, even amidst global and national economic challenges affecting Indonesia's mining sector. MIND ID remains committed to its mandate of driving downstream mineral development to enhance economic value and strengthen the long-term sustainability of its operations.

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MIND ID konsisten menjalankan mandatnya sebagai penggerak hilirisasi mineral strategis memberi manfaat optimal bagi Indonesia, sekaligus mewujudkan visi MIND ID for Indonesia and the World.