Supporting TAKJIL Programme, MIND ID Opens Data Dissection Forum on Strategic Mining Policies
Sustainable mining industry development cannot rely solely on the vast reserves of natural resources. It must be built on decisions aimed at delivering inclusive and accountable added value.
From this need, the Indonesian Mining Industry Holding (MIND ID) supports the Takaran Jilid Sektor Strategis (TAKJIL) programme as a data dissection forum to uncover the figures, assumptions, and rationales behind strategic policies, enabling the public to understand the basis of policies as well as the intended benefits and impacts.
More than just seeking support, this forum is designed to gather constructive input to produce a roadmap that delivers broader benefits. TAKJIL starts from basic and structural questions for the government, investors, partners, and the wider public: how significant is the real contribution of the minerals and coal sector, and what follow-up policies are needed next.
The economic contribution of the minerals and coal sector is evident in the Gross Domestic Product balance. Based on BPS data presented by the Ministry of Energy and Mineral Resources, the contribution of the mining and quarrying subsector to Indonesia’s 2023 GDP reached approximately Rp 2,198 trillion, or about 10.5% of the total GDP, underscoring the strategic role of minerba as a pillar of the national economy beyond manufacturing and services.
However, the mining and quarrying contribution in 2024 is only 8.75%, indicating the relevance of data-based policy recalibration to ensure the sector’s contribution remains strong moving forward. The sector’s contribution to state coffers is reflected in Non-Tax State Revenues (PNBP). The Ministry of Energy and Mineral Resources recorded PNBP realisations in its books at Rp 138.37 trillion.
This success in exceeding targets was driven by significant contributions from several subsectors, with the largest coming from PNBP in the Mineral and Coal Natural Resources (Minerba) sector, achieving 104.38% of the target.
The contribution of SOE dividends is a prerequisite for TAKJIL discussions, as this is where operational performance impacts state income. MIND ID ranks among the largest dividend payers; for the 2024 fiscal year, MIND ID approved a dividend distribution of Rp 20.1 trillion to the state. This contribution is larger than the 2023 fiscal year figure of Rp 17.14 trillion. This increase affirms MIND ID’s role as one of the key drivers of economic and dividend contributions among strategic SOEs.
In focusing on policy data dissection, TAKJIL aims to present follow-up policies capable of replicating Indonesia’s success in managing its mineral and coal natural wealth.
As is well known, the ban on raw mineral exports, such as the nickel ore export ban, has transformed the value chain landscape and state revenue flows since 2020. Before the policy, Indonesia relied on ore exports, with much added value enjoyed abroad, despite holding the world’s largest nickel reserves—around 55 million tonnes.
When the policy was implemented, smelter investments surged, and Indonesia’s nickel production soared, ultimately securing about 59.5% of global nickel production and projected to become even more dominant in the future. Indonesia has now opened a new chapter in building an EV battery ecosystem based in Karawang to meet the development of the electric vehicle industry and energy storage.
Through in-depth discussions, this forum goes beyond mere outcome figures to how policy mixes maintain balance for the future of Indonesia’s mining industry sector. “TAKJIL is an open space. We invite all parties to understand, not just accept, every policy we take,” said Selly Adriatika, Division Head of Institutional Relations at MIND ID.
“We always support constructive narratives grounded in data so we can move forward together towards a more advanced future,” she added.
With a strong data foundation and an open narrative, MIND ID hopes that all stakeholders can grow together in a robust and sustainably developing mining industry ecosystem towards Indonesia Emas 2045.