DPR Appreciates MIND ID Group's Performance as Contributions Continue to Rise

Jakarta - Commission XII of the Indonesian House of Representatives (DPR) has expressed appreciation for the contribution of PT Freeport Indonesia (PTFI), a member of the MIND ID Mining Industry Holding, which plays a role in driving social and economic development for the Papuan people through various social and environmental responsibility programmes. Legislators assessed that Freeport Indonesia’s decades-long presence has provided tangible benefits, both for the state and for communities around the mining operational areas. Commission XII member Arif Riyanto Uopdana said Freeport demonstrated a long-term commitment to Indonesia through continued investment and the company’s operational sustainability. “I appreciate that a 12 percent investment reinvestment agreement has been reached with the Indonesian government. This is a new breakthrough regarding the business sustainability of PT Freeport Indonesia, where its business licence is extended according to the life of its reserves,” Arif stated during a hearing with PT Freeport Indonesia. He assessed that the sustainability of this investment would provide certainty of economic benefits while opening up space for improving the welfare of the Papuan people. Similarly, Commission XII member from the Golkar Party faction, Alfons Manibui, said Freeport had provided great benefits for regional governments and the Papuan community. “We would like to thank Freeport for its performance, which to this day continues to provide benefits for the country. We must also acknowledge that Freeport has provided many benefits for regional governments and especially the communities around the company’s operational areas,” Alfons said. According to him, Freeport must continue to be a national asset capable of maintaining the sustainability of development in the Land of Papua. Appreciation was also conveyed by Commission XII member from the NasDem Party faction, Irsan Sosiawan Gading. He assessed that the improvement in the company’s performance must continue to be accompanied by the strengthening of community empowerment programmes. “I appreciate the performance of PT Freeport, which has contributed to the state and state revenue. What is also very important is attention to the communities around the mine so that the benefits of the company’s presence are truly felt by the local community,” he said. PT Freeport Indonesia is one of the largest contributors to state revenue through taxes, dividends, royalties, and non-tax state revenue. In 2026, the company’s contribution to the state is estimated to reach around US$2.6 billion, then increase to around US$4.7 billion in 2027, consisting of approximately US$1.9 billion in tax revenue, US$1.9 billion in dividends to the government through MIND ID, and around US$800 million in non-tax state revenue, including royalties. When mining operations return to normal, the company’s contribution is projected to exceed US$7 billion, or approximately Rp120 trillion, per year. Beyond fiscal contributions, Freeport also consistently carries out social investment in Papua by allocating around US$100 million annually for community development programmes. These programmes cover education, health, economic empowerment, basic infrastructure development, indigenous community capacity building, and improving the quality of public services around the operational areas.