MIND ID can serve as a reference for national mining companies in implementing downstreaming programs that contribute significantly to economic growth.
Under the leadership of President Director Hendi Prio Santoso, MIND ID is committed to carrying out the mandate of mineral downstreaming in an integrated manner.
This effort drives the increase in added value for mining products such as coal, contributing to economic growth towards Indonesia Gold 2045.
At the Kumparan Award Impact Makers 2024 event, Hendi Prio Santoso received the Impact on Downstream Industry Leadership award on Thursday (December 19, 2024).
This award was given in recognition of his achievements in realizing strategic projects, such as the construction of the copper smelter for PT Freeport Indonesia in Gresik, the Smelter Grade Alumina Refinery (SGAR) in Mempawah, and the collaboration between ANTAM and Freeport in gold management.
MIND ID has also strengthened the electric vehicle battery industry ecosystem as part of the national energy transition.
In addition to supporting national policies, this initiative has had a positive impact on the company's financial performance. MIND ID’s profit increased from IDR 1.82 trillion in 2020 to IDR 14.32 trillion in 2021.
The profit continued to grow, reaching IDR 22.49 trillion in 2022, and rose by 22.4% to IDR 27.5 trillion in 2023.
As one of the world’s leading mining companies, MIND ID plays a strategic role in supporting national economic growth and the achievement of Indonesia's Vision 2045.
On this occasion, Hendi Prio Santoso urged industry players to optimize the strategic mineral potential that Indonesia possesses, particularly for the development of the electric vehicle battery ecosystem.
"The mineral and coal mining industry in Indonesia has a huge opportunity for development. We invite manufacturing industry players to take advantage of this potential to create greater added value for the national economy," said Hendi in a press release on Friday (December 20, 2024).
