Sustainable mining industry development cannot rely solely on the\nvast reserves of natural resources. It must be built on decisions aimed\nat delivering inclusive and accountable added value.<\/p>\n
From this need, the Indonesian Mining Industry Holding (MIND ID)\nsupports the Takaran Jilid Sektor Strategis (TAKJIL) programme as a data\ndissection forum to uncover the figures, assumptions, and rationales\nbehind strategic policies, enabling the public to understand the basis\nof policies as well as the intended benefits and impacts.<\/p>\n
More than just seeking support, this forum is designed to gather\nconstructive input to produce a roadmap that delivers broader benefits.\nTAKJIL starts from basic and structural questions for the government,\ninvestors, partners, and the wider public: how significant is the real\ncontribution of the minerals and coal sector, and what follow-up\npolicies are needed next.<\/p>\n
The economic contribution of the minerals and coal sector is evident\nin the Gross Domestic Product balance. Based on BPS data presented by\nthe Ministry of Energy and Mineral Resources, the contribution of the\nmining and quarrying subsector to Indonesia\u2019s 2023 GDP reached\napproximately Rp 2,198 trillion, or about 10.5% of the total GDP,\nunderscoring the strategic role of minerba as a pillar of the national\neconomy beyond manufacturing and services.<\/p>\n
However, the mining and quarrying contribution in 2024 is only 8.75%,\nindicating the relevance of data-based policy recalibration to ensure\nthe sector\u2019s contribution remains strong moving forward. The sector\u2019s\ncontribution to state coffers is reflected in Non-Tax State Revenues\n(PNBP). The Ministry of Energy and Mineral Resources recorded PNBP\nrealisations in its books at Rp 138.37 trillion.<\/p>\n
This success in exceeding targets was driven by significant\ncontributions from several subsectors, with the largest coming from PNBP\nin the Mineral and Coal Natural Resources (Minerba) sector, achieving\n104.38% of the target.<\/p>\n
The contribution of SOE dividends is a prerequisite for TAKJIL\ndiscussions, as this is where operational performance impacts state\nincome. MIND ID ranks among the largest dividend payers; for the 2024\nfiscal year, MIND ID approved a dividend distribution of Rp 20.1\ntrillion to the state. This contribution is larger than the 2023 fiscal\nyear figure of Rp 17.14 trillion. This increase affirms MIND ID\u2019s role\nas one of the key drivers of economic and dividend contributions among\nstrategic SOEs.<\/p>\n
In focusing on policy data dissection, TAKJIL aims to present\nfollow-up policies capable of replicating Indonesia\u2019s success in\nmanaging its mineral and coal natural wealth.<\/p>\n
As is well known, the ban on raw mineral exports, such as the nickel\nore export ban, has transformed the value chain landscape and state\nrevenue flows since 2020. Before the policy, Indonesia relied on ore\nexports, with much added value enjoyed abroad, despite holding the\nworld\u2019s largest nickel reserves\u2014around 55 million tonnes.<\/p>\n
When the policy was implemented, smelter investments surged, and\nIndonesia\u2019s nickel production soared, ultimately securing about 59.5% of\nglobal nickel production and projected to become even more dominant in\nthe future. Indonesia has now opened a new chapter in building an EV\nbattery ecosystem based in Karawang to meet the development of the\nelectric vehicle industry and energy storage.<\/p>\n
Through in-depth discussions, this forum goes beyond mere outcome\nfigures to how policy mixes maintain balance for the future of\nIndonesia\u2019s mining industry sector. \u201cTAKJIL is an open space. We invite\nall parties to understand, not just accept, every policy we take,\u201d said\nSelly Adriatika, Division Head of Institutional Relations at MIND\nID.<\/p>\n
\u201cWe always support constructive narratives grounded in data so we can\nmove forward together towards a more advanced future,\u201d she added.<\/p>\n
With a strong data foundation and an open narrative, MIND ID hopes\nthat all stakeholders can grow together in a robust and sustainably\ndeveloping mining industry ecosystem towards Indonesia Emas 2045.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/supporting-takjil-programme-mind-id-opens-data-dissection-forum-on-strategic-mining-policies-1774101078", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }