Press Release
MIND ID Becomes State Revenue Optimization Motor in National Mineral Management
JAKARTA - MIND ID or Mining Industry Indonesia, the Holding State-Owned Enterprise for the Mining Industry, has the role of the long arm of the state in managing mineral natural resources in order to optimize state revenue and, at the same time, strengthen the governance of the national mining sector.
The role is in line with the mandate of the 1945 Constitution of the Republic of Indonesia, Article 33 Clause (3), which stresses that the natural wealth contained in the earth is controlled by the country and utillized to the highest extent for the prosperity of the people.
MIND ID President Director, Maroef Sjamsoeddin, conveyed that the economic potential of Indonesia’s mining sector is huge, and the message can be continuously strengthened to reinforce state revenue contribution.
As a company, MIND ID continues to strengthen its role in optimizing national mineral resource management through the strengthening of production, downstreaming, improvement of governance, and building an integrated industrial ecosystem.
“Optimizing state revenue will become even more pronounced through the management of natural resources directly through State entity. With the support of policies from all stakeholders, MIND ID is committed to continuously strengthen contribution to the State through the increasingly integrated mineral resource management, strengthening of downstreaming, and development of added value industry,” he explained in the Hearing with Commission XII of House of Representatives of the Republic of Indonesia.
Based on the report concerning the 2025 Corporate Continuity, MIND ID is capable of posting a Generated Economic Value of Rp185.16 trillion, with Distributed Economic Value of Rp180.30 trillion, which shows the size of the economic benefit flow channeled to various stateholders, including the country, partners, and the people.
The contribution to the state is also reflected from the total payment of the government’s obligation which reached Rp32.82 trillion, consisting of dividends, taxes, and other obligations.
Maroef further stated that there is still a big space to strengthen MIND ID’s contribution in the management of national strategic commodities.
That is why, the MIND ID Group continues to enlarge its production capacity, while at the same time, hasten the development of downstreaming projects which are the foundation for the creation of national added value.
The MIND ID Group develops various strategic projects, from the integrated bauxite-alumina-aluminium ecosystem, purification and minting of precious gold bars, to the ecosystem of electric vehicle battery.
Such development is directed to strengthen domestic added value, expand national industrial base, and increase the economic contribution to the state.
Aside from contributing to state revenue, the MIND ID Group also implements its strategic function to maintain national energy resilience. Bukit Asam, member of the MIND ID Group, has consistently fulfilled, even exceeded, its Domestic Market Obligation (DMO), to ensure the coal supply for national electricity generation needs are maintained.
The role also shows that MIND ID not only contributes towards state revenue, but also implements its strategic mandate to maintain the resilience of national energy and ensure that the people get reliable and affordable electricity access.
Maroef stressed that MIND ID has the preparedness of human resources, technology, operational experience, as well as industrial network to strengthen natural resource management.
That is why, the strengthening of State Enterprise role in the mineral sector is not only directed to raise the performance of the company, but also ensure that more added value, fields of employment, technology mastery, and state revenue can be created domestically.
“We are ready to implement a bigger mandate in the management of natural resources. With the synergy between the government, House of Representatives, and MIND ID, we are certain that Indonesia’s mineral wealth can become a stronger foundation for strengthening economic sovereignty and welfare of the people,” explained Maroef.
In its conclusion, DPR RI Commission XII stated its support to various efforts by MIND ID and all members of the Group, to strengthen national mining governance, hasten downstreaming, raise added value, as well as optimizing the benefits of natural resources for the country.
DPR Commission XII also supports MIND ID to obtain assurance on the application of the Domestic Market Obligation (DMO), as well as strengthening the strategic commodity trade such as for gold, to ensure it is even more transparent, equitable, and able to raise state revenue.
This support becomes an important foundation for MIND ID to continue strengthening its contribution to the national economy through the acceleration of production, development of downstream industry, strengthening of governance, as well as optimalizaton of national mineral resource management.
Member of DPR Commission XII, Yulian Gunhar, stressed that the formation of MIND ID since the beginning is directed to change mineral management from merely extraction activities to become national industrial strength capable of creating added value for Indonesia.
“That the country controls natural resources, processes domestically, becomes an industry, creating added value, towards its goal which is the welfare of the people,” said Gunhar.
Gunhar believes that MIND ID has a strategic role as a state instrument to ensure that the natural resource wealth of Indonesia does not stop as raw commodity, but develops to become the foundation of industrialization, creating added value, and welfare of the people as mandated by Article 33 of the 1945 Constitution.
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