Parliament Highlights MIND ID's Performance Amid Global Commodity Price Volatility

Deputy Chairman of Commission XII of the Indonesian House of Representatives, Sugeng Suparwoto, has highlighted the solid performance of the Mining Industry Holding MIND ID amid global commodity price volatility. Sugeng conveyed this during a hearing at the parliamentary complex in Senayan, Jakarta, on Monday (13/4/2026). He assessed that such achievements reflect increasingly integrated and value-added mining industry management. “Amid various mining industry challenges, consolidation and synergy through mining product diversification have demonstrated good production and management from MIND ID,” said Sugeng. Parliament appreciates MIND ID’s consistency in maintaining performance throughout 2025 while ensuring downstream strategies continue to progress. These steps are considered key factors in strengthening the national economy, including the growth target of up to 8 percent by 2029. Sugeng views integration from upstream to downstream as MIND ID’s main strength in maintaining production stability and increasing mineral value added. This management model is deemed capable of reinforcing the national mining industry’s position amid global market dynamics. “Downstream policies are a strategic step to pursue 2029 economic growth,” he stated. MIND ID’s President Director, Maroef Sjamsoeddin, stated that the company managed to sustain positive performance throughout 2025 despite global pressures. This is reflected in financial performance realisations surpassing targets. MIND ID’s revenue reached Rp159 trillion, or 4 percent above target. EBITDA was recorded at Rp42 trillion, exceeding the target by 3 percent, while net profit reached Rp29 trillion, or 13 percent above target. This forms the foundation for the company in facing the following year, which is still shadowed by commodity price volatility. MIND ID places a balance between production and sustainability as its primary focus. “MIND ID will continue to focus on maintaining a balance between production performance and sustainability principles,” explained Maroef. Entering 2026, MIND ID targets increased production of several key commodities. Coal production is projected to reach 49.5 million tonnes, bauxite 5.3 million wet metric tonnes, and nickel ore 24.4 million wet metric tonnes. Tin production is targeted to increase to 29.1 thousand tonnes. Several commodities such as aluminium and nickel matte are adjusted in line with the company’s portfolio optimisation strategy. Maroef considers 2026 as an important phase to strengthen long-term foundations, including from the production sustainability aspect. The company is preparing steps to maintain performance continuity amid global industry dynamics.