Press Release

Entry In Big 6 of Fortune Indonesia 100, Is Evidence of MIND ID Contribution for State Revenue

22 September 2026

JAKARTA – The entry of MIND ID or Mining Industry Indonesia, the Holding State-Owned Enterprise for the Mining Industry, in the list of the big six Indonesian companies in the ranking of 2026 Fortune Indonesia 100, reflects the capacity of the company in implementing the country’s strategic mandate in the mineral and coal sector.

The achievement shows the success of MIND ID in building a strong business scale enabling the strengthening of its contribution towards national economy and state revenue through downstreaming, mineral industrialization, as well as the management of mineral natural resource.

Throughout 2025, MIND ID booked total asset of Rp307.66 trillion, income of Rp159.46 trillion, and current year profit of Rp29.89 trillion.

MIND ID also posted Generated Economic Value of Rp185.16 trillion and Distributed Economic Value of Rp180.30 trillion, distributed to the country, workers, business partners, and the people. Direct contribution to the country is reflected from the dividend, tax, and various other obligations which reached Rp32.82 trillion.

MIND ID Director of Finance, Wahyu Suparyono, said that the achievement shows the capability of MIND ID in implementing its national mandate to manage national mineral resource, while at the same time, present increasingly large economic benefits for Indonesia.

Such role is in accordance with the 1945 Constitution Article 33 clause (3) which emphasizes that the natural wealth contained in the earth is controlled by the country and used as much as possible for the prosperity of the people.

“This achievement is evidence that the presence of MIND ID and all Members of the MIND ID Group manage mineral resources optimally, while at the same time, ensure contribution for the national economy,” he said.

MIND ID, as the long arm of the country in the mining industry, manages various national strategic commodities, from coal, nickel, bauxite, aluminium, copper, gold, to tin. Such management is continuously strengthened through the building of an integrated industrial ecosystem, from upstream to downstream.

Currently, various strategic projects are developed, from the bauxite-alumina-aluminium ecosystem integration, refining and processing of precious gold metal, to the development of the nickel based electric vehicle battery ecosystem.

Such development is directed to strengthen domestic added value, expand national industrial base, and raise the economic contribution resulting from Indonesia’s mineral resource.

Through the strengthening of production, downstreaming and development of integrated value chain, it is encouraged that Indonesia’s mineral resource not stop at being raw commodity which depends on the export market, but developed into industrial raw material which creates bigger added value domestically.

The MIND ID Group, aside from contributing to state revenue, is also implementing its strategic function to protect national energy defense, through coal supply. MIND ID Group Member, Bukit Asam, has consistently fulfilled, even exceeded its Domestic Market Obligation (DMO), maintaining the supply of this energy commodity and supporting the sustainable economic activites of the people.

Wahyu stressed that MIND ID continues to strengthen its position as an integrated mining company capable of creating bigger added value from Indonesia’s mineral wealth.

“This is MIND ID’s concrete step to continuously strengthen its position as the long arm of the country to change Indonesia’s mineral resource into industrialization foundation, strengthen economic sovereignty, for the welfare of the people,” he said

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