Indonesian state-owned mining holding company MIND ID has been awarded the prestigious Best Syndicated Loan Deal Southeast Asia/APAC/Indonesia by FinanceAsia at the FinanceAsia Achievement Awards 2024 in Hong Kong.
The award, presented on February 26, 2025, recognizes MIND ID’s syndicated loan transaction performances, which was utilized to strengthen the company’s strategic projects.
“This award is a testament to the company’s commitment to driving downstream development in Indonesia’s mining industry. We are grateful to all parties who contributed to this success and will continue to uphold our commitment to downstream strategies that benefit the national economy,” Heri Yusuf, Corporate Secretary of MIND ID, said in a statement on Wednesday, March 12, 2025.
Heri added that MIND ID has a progressive investment plan focused on increasing the added value of its managed minerals, including nickel, bauxite, copper, and tin.
He emphasized that these minerals hold significant potential for further processing into end-user products, particularly in support of the transition to renewable energy and energy storage solutions.
“This award also reflects the high level of trust from global and domestic financial institutions in MIND ID. We remain committed to pursuing strategic initiatives to strengthen national economic performance,” he added.
The FinanceAsia Achievement Awards is an annual event recognizing financial institutions, banks, brokers, law firms, and rating agencies that play a crucial role in the development of the financial sector in the Asia-Pacific region.
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