Danantara, MIND ID and CITIC Resources Explore Joint Development of Strategic Minerals
Fri 25 Sep 2026, 11:39 AM
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Indonesia’s sovereign wealth manager Danantara is exploring cooperation with Chinese state-owned company CITIC Group, alongside mining holding company MIND ID and state-owned aluminum company PT Indonesia Asahan Aluminium (INALUM), to strengthen the development and management of the country’s strategic mineral resources.
Danantara CEO Rosan Roeslani said the discussions with CITIC Group in Jakarta are centred on three areas: capital, resources and infrastructure.
On resources, Danantara is discussing potential cooperation with CITIC Resources, MIND ID and INALUM to strengthen Indonesia’s strategic mineral sector.
“Resources together with CITIC Resources, MIND ID, and INALUM strengthen collaboration in Indonesia’s strategic mineral sector,” Rosan said in a statement posted on his Instagram account on Friday, September 25, 2026.
Capital and Infrastructure
The capital discussions involve Danantara and China Securities, with potential cooperation covering capital markets and financing.
Meanwhile, infrastructure discussions with CITIC Construction and BOPPJ include potential development of major projects such as the Giant Sea Wall along Indonesia’s northern Java coast.
Rosan said the three areas are intended to strengthen Indonesia’s capacity to support economic growth and improve national competitiveness.
“Capital opens access. Resources create value. Infrastructure builds the future,” he said.
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