Wednesday, June 11, 2025 – 19:32 Wib
VIVA – PT Mineral Indonesia (Persero) or Mind ID registered positive financial performance in 2024. The possession of the mining industry managed to demonstrate that sustainable mineral management could support the growth of the mining and taxpayer industry sectors to the State.
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In the financial statements of the financial year 2024 that have been audited, Mind ID registered an income of RP145.2 billion, grew by 34.56 percent compared to the previous year. The profit of the current year increased to RP40.2 billion, 46 percent more compared to 2023. Company’s assets increased to RP292.1 Billions of RP259.2 billion. Meanwhile, the cost of income increased from RP90 billion to RP124.6 billion, after the expansion of production and subsequent transmission in all subsidiaries.
Meanwhile, the ID of the Mind of the General Meeting of Shareholders (GMS) approved the financial statements of the consolidated fiscal year of Audit 2024 with a fair opinion in all material matters. This achievement marks the confidence in governance and transparency carried out by the company.
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The GMS also approved the dividends distribution of 55% of the profitable profits for the owner of the main entity for fiscal year 2024 worth RP36.5 billion, which was RP20.1 billion. This value has increased compared to dividends in fiscal year 2023 that amounts to RP17.14 billion.
Meanwhile, the remaining 45% of the net gain or around RP16.44 billion will be assigned to support the continuation of the transmitting transmission program managed by the mental identification group. ABria is the main strategy to strengthen national competitiveness by increasing the added value of mineral products.
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Director of ID of Mind, Maroef Sjamsoeddin emphasized that the performance and contribution of the company’s dividend was the result of the synergy of commercial processes from upstream to downstream, and the collaboration of all members of the mental identification group.
The identification of Mind integrates exploration, mining, commercial, with the transformation of commercial processes to create more optimal additional resources.
“With this good performance achievement, the identification of the mind as a driving force for Indonesia hopes to have a positive impact, not only for the company’s commercial continuity in the future, but also for the growth of economic and state performance,” he said.
Maroef said that the application of a good mining practice has also become the main engine to strengthen the company’s performance. According to him, sustainability is not only compliance, but a long -term strategy.
“We are trying to ensure that the operating course agrees with a good mining government, so that all parties can feel the added value of the subsequent program, including social and environmental parts,” he said.
Throughout 2024, Mind ID completed a series of strategic projects, such as the Phase I Refinery of Alumina (SGAR) of Smelter grade (SGAR) in Mempawah, copper melting and refinery of precious metals, as well as coal conversion tests into artificial graphite and anodized sheets.
In 2025, Mind ID prioritized the construction of Phase II of SGAR in the Memapawah, RKEF and HPAL facilities in East Halmahera, optimization of a precious metal refinery, the construction of PLTG in Gresik, as well as an increase in the transport of tanjung coal from Tanjung Enim -cal. The company also developed three strategic nickel projects in Sulawesi – IGP Pomalaa, IGP Morowali and HPal Sorowako – to strengthen the base of the national electric vehicle ecosystem.
“We are committed to fostering the sustainable industrialization of minerals and increasing the contribution of the mining sector for the achievement of Indonesia Gold 2045,” Maroef said.
The president of Mind ID, Fuad Bawazier, said that, in the midst of global uncertainty and the efforts of the Indonesian government in responding to existing pressures, Mind ID continues to create a healthy national mining governance.
According to him, this strategy can be carried out correctly by state companies (Bumn) of the Indonesian mining industry or mental identification, to have an optimal impact on the welfare of the nation.
“Mental identification will continue to try to create an optimal value chain and commercial processes for all interested parties,” he concluded.
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“We are trying to ensure that the operating course agrees with a good mining government, so that all parties can feel the added value of the subsequent program, including social and environmental parts,” he said.
