#Corporate
MIND ID wins Best Syndicated Loan Deal Southeast Asia Award
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.
MIND ID strengthens women empowerment in the mining industry
State-owned mining holding company, MIND ID, has reaffirmed its commitment to strengthening women empowerment in the mining industry in line with the International Women’s Day celebration on March 8, 2025 and the Women’s Empowerment Principles (WEPs), launched by UN Women and the UN Global Compact to promote gender equality in the workplace.
Macmahon appointed as underground mining contractor for Poboya Gold Project
Mining company PT Bumi Resources Minerals (BRMS), through its subsidiary PT Citra Palu Minerals (CPM), has appointed Macmahon Indonesia as the underground mining contractor for its Poboya Gold Project in Palu, Central Sulawesi.
MIND ID says downstreaming a solution to reduce raw material imports
Indonesia’s state-owned mining holding company, MIND ID, is confient that downstreaming is an answer to the country’s reliance on imported industrial raw materials.
Indonesia pushes CCS development as key to energy security, decarbonization
Indonesia is positioning itself as a leader in Carbon Capture and Storage (CCS) technology, with strong regulatory support and growing industry collaboration, an energy expert says.
Government plans job reabsorption for Sritex workers after its recent bankruptcy
The Ministry of Manpower says that former workers of textile company PT Sri Rejeki Isman (Sritex) have the opportunity to return back to work at the same company, but has yet to decide on which of the company’s factories that are ready to accommodate them.
Who is the New CEO of MIND ID? His Career in Freeport, brother of Indonesia's Minister of Defense
The Indonesian government has appointed Maroef Syamsudin as the new CEO of state-owned mining holding company MIND ID, replacing Hendi Prio Santoso. Lawmakers and industry experts have emphasized that the decision falls entirely under the Ministry of State-Owned Enterprises (BUMN)'s authority.
BNI and SMI seal Rp550 billion deal to boost infrastructure financing
State-owned bank PT Bank Negara Indonesia (BNI) signed a strategic cooperation with the state-owned infrastructure financing company PT Sarana Multi Infrastruktur (SMI) through a repurchase agreement (Repo) transaction worth Rp550 billion (US$33.6 million) on Tuesday, March 4, 2025.
Bakrie Group considers share buyback to boost market confidence
President Director of PT Bakrie & Brothers and President Commissioner of PT VKTR Teknologi Mobilitas, Anindya Novyan Bakrie, said that Bakrie Group is considering carrying out a buyback or repurchase of a number of company shares that have been released to the public.
Malaysia’s Thong Guan Industries confirms US$7 million investment in KIT Batang
Malaysian plastic packaging manufacturers, Thong Guan Industries Bhd., has confirmed its US$ 7 million (Rp115 billion) commitment to invest in the Batang Integrated Industrial Estate (KIT Batang) in Central Java, Indonesia.
Eramet keen in investing in Indonesia’s EV battery ecosystem, downstream processing
French multinational mining and metallurgy company, Eramet, has interest in supporting Indonesia’s Electric Vehicle (EV) battery ecosystem development and downstreaming processing.
MIND ID sets example on combined CSR-CER programs
State-owned mining holding company MIND ID combines Corporate Social Responsibility (CSR) and Corporate Environmental Responsibility (CER) programs as example of mining industry’s contribution to regional economic growth and social welfare.