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MIND ID Group Prepares IDR 534 Billion for Post-Mining Reclamation bonds

www.kumparan.com

Mon 18 Jul 2022, 11:02 AM

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BUMN Holding Mining Industry MIND ID or Mining Industry Indonesia, which consists of PT ANTAM Tbk, PT Bukit Asam Tbk, PT Freeport Indonesia, PT Inalum (Persero) and PT Timah Tbk. MIND ID Group places a guarantee fund reclamation as of December 31, 2021, totaling Rp 534.4 billion. President Director of MIND ID, Hendi Prio Santoso said MIND ID continues to encourage holding member companies to fulfill obligations related to business processes, one of which is compliance with the placement of reclamation guarantee funds. "As an Indonesian strategic natural resource management company, MIND ID Group ensures that landscape changes are carried out in a planned manner so as to minimize operational impacts and optimize mineral processing results," he said in a statement, Monday (18/7). MIND ID Group's reclamation policy refers to Law Number 3 of 2020 concerning Amendments to Law Number 4 of 2009 concerning Mining Minerals and Coal. The MIND ID Group is committed to carrying out its reclamation and post-mining obligations with a 100 percent success rate. In addition to the reclamation obligations, the MIND ID Group also carries out its watershed (DAS) rehabilitation obligations. In 2022, MIND ID Group plans to rehabilitate a 3,641 hectare watershed. As of May 2022, the total area of ​​planting and maintenance of the watershed rehabilitation program is 1,949 hectares. The MIND ID Group, according to him, will continue to pay attention to sustainability aspects in every operational activity in accordance with the MIND ID Sustainability Roadmap in accordance with applicable regulations both the Ministry of Environment and Forestry (KLHK) and the Ministry of Environment and Forestry.ESDM. "The MIND ID Group also strives to meet the ICMM (International Council on Mining and Metals) standards as a form of commitment to operational governance in accordance with world-class standards," he explained. Source: https://kumparan.com/kumparanbisnis/grup-mind-id-siapkan-rp-534-miliar-untuk-jaminan-reklamasi-pascatambang-1yUM1cCBGq8/full



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