MIND ID, Inalum Reorganization to Speed Up Mineral Downstream Industry

Summary

Mining Industry Indonesia (MIND ID) is optimistic that the reorganization of MIND ID and PT Indonesia Asahan Aluminium (Inalum) will accelerate the downstream program in the national mining industry sector, realizing the country's commitment to increase the added value of mining commodities. This optimism arose after the government issued Government Regulation (PP) No. 45/2022 and No. 46/2022 as the government's approval for reorganizing the Mining Industry Holding.

MIND ID Corporate Secretary Heri Yusuf said the reorganization would improve performance for MIND ID, Inalum, and other Holding members. With improved performance, the grand vision of the Mining Industry Holding to provide benefits to all stakeholders can run more efficiently.

"With this reorganization, MIND ID continues its role as a Mining Industry Strategic Holding company, will increase the effectiveness of the implementation of strategic activities that focus on efficiency and the creation of added value from MIND ID group members, improve risk management management, supervision of MIND ID members' operations activities, and so on," Heri said on Wednesday.

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