MIND ID Links With KPK Integrating WBS to Control Mineral Downstreaming and Sovereignty

JAKARTA, 6 NOVEMBER 2026 – MIND ID or Mining Industry Indonesia (Persero), the Holding State-Owned Enterprise for the Mining Industry, has officially strengthened its commitment to enforce integrity and fraud handling in all business groups through the signing of the Cooperation Agreement (PKS) with the Corruption Eradication Commission of the Republic of Indonesia (KPK RI). This strategic synergy is aimed at building a transparent and accountable governance for the sake of guarding the implementation of the national mining strategic agenda.

The signing of the five year PKS is conducted by MIND ID President Director, Maroef Sjamsoeddin, and KPK Deputy for Information and Data, Eko Marjono, in Jakarta, Thursday (5/11/2026).

MIND ID, as the extension of the Indonesian Government, has a mandate to manage, process, and provide maximum added value on national mineral and coal wealth through the downstreaming program. This step is the main driver for national economic growth and, and the same time, the manifestation of the constitutional mandate to optimize natural wealth to the fullest extent for the welfare of the people.

MIND ID President Director, Maroef Sjamsoeddin, stressed that the application of a clean and corruption free governance is the absolute foundation to ensure that the sovereignty mandate can be optimally realized.

“MIND ID is present as the extension of the government in managing the strategic asset of national mineral wealth. Our main mandate is to ensure that each mineral is not only extracted, but processed and added value raised through downstreaming to support economic growth in order to maximize the welfare of all Indonesian people. The OpenMIND integration with KPK is our firm measure to ensure that all national mining management from upstream to downstream is operating on a strong integrity foundation,” Maroef Sjamsoeddin emphasized.

Through the PKS, MIND ID’s internal complaint system, OpenMIND, is directly connected to the handling system of corrupt criminal offense suspicious complaints at KPK. This cooperation covers KPK assistance in compiling internal regulations, strengthening the program to handle complaints, mutual coordination, as well as high confidentiality standard information exchange. This integration becomes an identification tool to detect potential deviations as early as possible, while at the same time, strengthen internal control in all holding entities.

The strengthening of this integrity culture has the role of strategic enabler for the implementation of all MIND ID working programs in future. MIND ID Group Members – consisting of PT Aneka Tambang Tbk (ANTAM), PT Bukit Asam Tbk (PTBA), PT Freeport Indonesia, PT Inalum, PT Timah Tbk, and PT Vale Indonesia – are in the midst of focusing on the acceleration of downstreaming strategic projects, strengthening electric vehicle ecosystem, efficiency of operations, as well as effectiveness of national energy supply.

The application of strict Good Corporate Governance (GCG) ensures that each investment and management of mining asset actually contributes to state income and the multiplier effect of the national economy.

KPK Deputy of Information and Data, Eko Marjono, welcomes the proactive commitment of MIND ID. It is hoped that this synergy can raise the effectiveness of complaints follow up, encouraging transparency, as well as developing strong anticorruption culture in all ranks of the MIND ID Group.

Throughout the enforcement of the agreement from 2026 to 2031, both parties will conduct structural monitoring and evaluation at least once a month or a year minimal, to ensure the effective sustainability of the system built.

Maroef also emphasized that MIND ID and all Members of the Group will continually strengthen the transparency and collaboration with various stakeholders in order to create an increasingly prudent, accountable, and integrated mining sector.

“This cooperation is not the final aim, but a form of initial commitment form which we implemented in reality to ensure that each business process is implemented with high integrity. We are certain that the success of downstream and natural wealth management must be supported by strong governance, so that the economic benefits produced can be increasingly bigger and sustainable for the country and people,” Maroef concluded.