Indonesia's state-owned mining holding company, MIND ID, is intensifying its mineral reserve exploration efforts to ensure the sustainability of downstream programs within the country.
This initiative is particularly essential as demand for raw materials for electric vehicle (EV) battery industries is expected to grow significantly in the future.
MIND ID’s Director of Portfolio and Business Development, Dilo Seno Widagdo, emphasized MIND ID's critical role in supporting national downstream processing and establishing an electric vehicle ecosystem.
MIND ID is committed to supporting sustainable national economic growth towards Indonesia’s 2045 Golden Era goal.
To achieve this, the MIND ID Group is ensuring that mineral reserves and supplies remain sufficient. Dilo stated that MIND ID applies a reserve replacement ratio strategy to ensure that each mineral exploited is replaced with new reserves through organic exploration.
"This is a testament to our commitment to supporting sustainable downstream processing while maintaining Indonesia's strategic industrial resilience for the future," he said.
The MIND ID Group has copper reserves for electrical conductors amounting to 13.1 million tons of copper, and nickel reserves for cathode materials totaling 1,330 million wmt.
Additionally, they hold tin reserves for soldering materials at 338,000 tons of tin, bauxite for frames and casings at 121.7 wmt WBX, and coal as anode (carbon) material at 2.9 billion tons.
Beyond exploring new minerals, MIND ID also emphasizes the importance of developing recycled minerals for the future of the mining and manufacturing sectors.
For example, PT Indonesia Asahan Aluminium (IAA), a subsidiary of INALUM under MIND ID, is now producing recycled aluminum billets that incorporate up to 30 percent recycled molten aluminum as a raw material, supporting sustainability efforts.
"As a company with a vision to become a world-class enterprise, we have devised these strategic steps, which we hope will provide long-term solutions for Indonesia's mining and manufacturing industries," Dilo concluded.
