MIND ID Ready to Accept Greater Mandate, Optimising State Revenue from Mineral Management Must Be Boosted
The President Director of MIND ID, Maroef Sjamsoeddin, has asserted that the economic potential within Indonesia’s mining sector is vast and significant. Consequently, this sector must be continuously strengthened to boost its contribution to state revenue.
As the Indonesian Mining Industry Holding Company, MIND ID serves as an extension of the state in managing mineral natural resources to optimise national revenue while strengthening the governance of the national mining sector. This role aligns with the mandate of the 1945 Constitution, Article 33, paragraph (3), which affirms that the natural wealth contained within the earth is controlled by the state and utilised to the greatest extent for the prosperity of the people.
Maroef Sjamsoeddin stated that MIND ID is currently strengthening its role in optimising the management of national mineral resources through increased production, downstreaming, improved governance, and the development of an integrated industrial ecosystem.
“The optimisation of state revenue will be most effective through the management of natural resources handled directly via state-owned entities. With policy support from all stakeholders, MIND ID is committed to continuously strengthening its contribution to the country through increasingly integrated mineral resource management, the strengthening of downstreaming, and the development of value-added industries,” he explained during a hearing with Commission XII of the Indonesian House of Representatives (DPR RI), as reported on Thursday, 17 September 2026.
According to the company’s 2025 Sustainability Report, MIND ID recorded a Generated Economic Value of IDR 185.16 trillion, with a Distributed Economic Value of IDR 180.30 trillion. This demonstrates the significant flow of economic benefits distributed to various stakeholders, including the state, business partners, and the community.
Contributions to the state are also reflected in total government obligation payments amounting to IDR 32.82 trillion, comprising dividends, taxes, and other obligations.
Furthermore, Maroef emphasised that there remains substantial room to strengthen MIND ID’s contribution to the management of national strategic commodities. Therefore, the MIND ID Group continues to expand production capacity while accelerating the development of downstream projects that serve as the foundation for national value creation.
The MIND ID Group is developing various strategic projects, ranging from integrated bauxite-alumina-aluminium ecosystems and gold refining and precious metal casting, to electric vehicle battery ecosystems.