MIND ID continues to reaffirm its commitment to becoming a driving force for integrated downstreaming.
This effort aims to strengthen Indonesia's economic sovereignty and create added value for mineral and coal commodities. MIND ID's Corporate Secretary, Heri Yusuf, revealed that several strategic project initiatives have been launched to ensure that mineral resource management is conducted from upstream to downstream within the country, thereby creating a better supply chain.
Heri Yusuf further explained that the company, through all its members, consistently carries out integrated downstreaming projects.
It is hoped that Indonesia will benefit from each process of value-added enhancement and become more sovereign on the global stage.
"Through the implementation of integrated downstreaming programs, we aim to make a greater impact on Indonesia's economy and further strengthen Indonesia's position in the global supply chain," Heri stated in his remarks on Sunday (February 16, 2025).
Heri explained that one of the downstreaming projects being carried out by the MIND ID Group is the Smelter Grade Alumina Refinery (SGAR) in Mempawah, West Kalimantan, managed by PT Borneo Alumina Indonesia (BAI), a joint venture company of MIND ID Group Members, PT Indonesia Asahan Aluminium and PT Aneka Tambang Tbk.
This project has an output capacity of 1 million tons of alumina per year for the production needs of aluminium at INALUM, which was previously sourced from the global market.
In addition, the MIND ID Group, through PT Freeport Indonesia, has built a copper smelter and will develop a Precious Metal Refinery (PMR) in Gresik, East Java.
This project plays an important role in the integration of the copper processing supply chain, starting from copper ore, copper concentrate, and ultimately producing copper cathodes.
Through this smelter, the MIND ID Group will also be able to process anode slime into gold, silver bullion, and other Platinum Group Metals (PGMs) to meet the investment commodity needs of the Indonesian people.
The commitment to integrated downstreaming is also manifested in the development of a nickel project in East Halmahera, which includes the construction of a Rotary Kiln-Electric Furnace (RKEF) smelter to produce nickel and a High-Pressure Acid Leach (HPAL) facility for electric vehicle battery raw materials.
These two facilities not only strengthen Indonesia's position in the global electric vehicle industry but also create higher value-added, technology-driven products within the country.
"Of course, we will continue to strengthen integration in every supply chain of mineral and coal commodities that we manage, so that it can contribute to improving economic performance to achieve 8% growth in the future," Heri concluded.
