MIND ID Optimises State Contribution as Downstreaming Driver

Holding Industri Pertambangan Indonesia MIND ID is consistently carrying out its strategic function as a driver of national downstreaming to create multiplied added value for the Indonesian economy. The company continues to maintain positive business performance in order to provide sustainable contributions and benefits for Indonesia. Corporate Secretary of MIND ID, Pria Utama, stated that the company consistently performs its role as an integrator that synergises the mineral and coal downstreaming supply chain in Indonesia. This is reflected in the synergy between ANTAM and Freeport Indonesia in the national gold downstreaming supply chain, the synergy of INALUM, ANTAM, and PT Bukit Asam in the bauxite-alumina-aluminium downstreaming supply chain, as well as various programmes to strengthen the downstreaming supply chain for strategic minerals such as nickel, copper, and tin, and the formation of a national electric vehicle battery ecosystem. With this consistency, MIND ID recorded company revenue of Rp 159.46 trillion, growing 10 percent compared to the previous year’s Rp 145.21 trillion, and a net profit of Rp 29.89 trillion, or 16 percent above the company’s target. This achievement was accompanied by contributions distributed to shareholders and stakeholders, including taxes and non-tax state revenue (PNBP), royalties, and dividends, which reached Rp 22.6 trillion. Pria stated after the Annual General Meeting of Shareholders for the 2025 Fiscal Year on Thursday, 11 June 2026, that this achievement is proof of MIND ID management’s commitment to ensuring the management of a state-owned company that can provide optimal contributions for Indonesia. Pria explained that the 2025 fiscal year performance reflects the company’s ability to maintain business resilience through adaptive and integrated strategies across all members of the MIND ID Group. This was achieved amidst global and national economic challenges that also affected the mining industry sector in Indonesia. The company remains consistent in carrying out its mandate as a downstreaming driver to increase the creation of economic added value, which also strengthens the future operational sustainability of the MIND ID Group’s business. Pria further emphasised that the contribution to state revenue reflects the company’s commitment to carrying out its strategic role as a state-owned enterprise that continues to strengthen national economic performance based on the President’s Asta Cita principles. “MIND ID consistently carries out its mandate as a driver of strategic mineral downstreaming, providing optimal benefits for Indonesia, while realising the vision of MIND ID for Indonesia and the World,” said Pria. Pria further stated that the company carries out its mandate by upholding good corporate governance (GCG). MIND ID’s financial report received an ‘Unqualified Opinion’ from the independent auditor, the Public Accounting Firm Purwanto Susanti and Surja (a member of Ernst & Young Global Limited), and this opinion reflects management’s commitment to transparency, accountability, and sound corporate governance. “MIND ID will continue to sustain healthy business growth and provide added value for shareholders and all stakeholders, because behind every ton of mineral we manage, there is an obligation to deliver tangible benefits for all Indonesian people,” concluded Pria.