MIND ID Group Issuers Book Solid Performance, Ensure Downstream Sustainability

MIND ID or Mining Industry Indonesia, the Holding State-Owned Enterprise for the Mining Industry, posts solid operational performance throughout Semester I/2025 in the midst of the challenging global economic and geopolitical conditions.

PT Aneka Tambang Tbk. (ANTM), PT Bukit Asam Tbk. (PTBA), PT Vale Indonesia Tbk. (INCO), and PT Timah Tbk. (TINS) were successful in maintaining a positive trend while at the same time, guarding the continuation of the national mineral downstreaming program.

The achievement reflects the role of MIND ID as a strategic active holding, focusing on maintaining the stability of operations and supporting the independence of the Indonesian mining industry.

Antam posted a record in highest gold sales throughout history, of 29,305 kilograms. The sale of nickel ore reached 8.20 million wmt with production of 9.10 million wmt, while ferronickel sold 5,763 Tni, bauxite 1.03 million wmt, and Chemical Grade Alumina 91,109 tons.
The company has also begun building electric vehicle ecosystem strategic project together with Indonesia Battery Corporation and international partner, to strengthen the added value of minerals while at the same time, domestic industrialization.

PTBA books production of 21.73 million tons of coal, up 16% over the same period last year, with sales volume rising 8%, to become 21.62 million tons.

This increase stresses the role of PTBA as a pillar of national energy resilience. The company also continued the coal downstreaming project to become Dimethyl Ether (DME) as well as developing synthetic graphite as part of product diversification.

PT Timah produced 6,997 tons Sn tin ore and 6,870 metric tons of tin metal, with sales of 5,983 metric tons. In the midst of climate challenges and external factors, TINS optimized production through added armada, security in IUP (Mining Business License) regions, and business process transformation.

Vale Indonesia posted production of nickel matte of 35,584 tons. The average sales price in quarter II/2025 reached US$12,091 per ton, up 1.33% over the previous quarter, providing positive boost in income.