BP BUMN and Danantara Accelerate MIND ID Restructuring to Strengthen Downstreaming
BP BUMN and Danantara are accelerating the reorganisation of MIND ID’s organisational structure and business operations to strengthen the effectiveness of the state mining industry holding in executing the national downstreaming strategic mandate. The reorganisation aims to ensure more focused, efficient, and integrated company operations capable of addressing future mineral and coal industry transformation needs.
‘Organisational and business restructuring is a crucial step to make the national mining industry transformation more effective and deliver greater added value for the country,’ stated BP BUMN Head and Danantara Chief Operating Officer (COO) Dony Oskaria in a press release on Tuesday (26 May 2026).
The strategic move was discussed in a meeting between BP BUMN Head and Danantara COO Dony Oskaria and MIND ID President Director Maroef Sjamsoeddin on Monday (25 May 2026). The meeting highlighted efforts to consolidate business operations, simplify organisational structure, and strengthen corporate governance to enhance the competitiveness of the national mining sector.
During the discussions, organisational restructuring was seen as a fundamental foundation for MIND ID to become more adaptive in managing the entire mineral supply chain, from natural resource management to developing high-value downstream industries.
This step is also deemed vital to strengthen synergy among business entities under the holding, enabling faster and more measured business decision-making.
Business consolidation within MIND ID is expected to create operational efficiencies, strengthen the integration of the mining industry ecosystem, and increase investment capacity for national strategic projects.
BP BUMN Head stated that a leaner and more focused organisational structure will enable MIND ID to be more aggressive in executing mineral downstreaming as a key driver of national economic growth.
Through this initiative, BP BUMN and Danantara reaffirmed their commitment to strengthening the competitiveness of state-owned mining sector companies through more adaptive, efficient governance focused on long-term value creation. The restructuring of MIND ID is also anticipated to accelerate the development of a stronger, more independent, and sustainable national downstream industry.