Indonesia's state-owned mining holding company, MIND ID, achieved solid financial performance in 2025 despite global geopolitical tensions and macroeconomic pressures. The company's consolidated financial audit for 2025 is still ongoing. During a recent hearing with the House of Representatives Commission, MIND ID President Director announced preliminary results: net profit reached IDR 29 trillion, exceeding the target by 13%; revenue was IDR 159 trillion, surpassing the target by 4%; EBITDA was IDR 42 trillion, 3% above target. He stated that these results were achieved amid complex external challenges through optimized operational efficiency and strict cost control.
In terms of production, several subsidiaries achieved exceeding or significant growth: Inalum's primary aluminum production reached 280,000 tons, surpassing the target of 275,000 tons; PTBA coal production reached 49.5 million tons, up 5% year-on-year; ANTAM's bauxite production surged 85% to 5.3 million wet metric tons, tin production jumped 63% to 29,100 tons, and ferronickel production grew 14% to 18,400 tons.
Looking ahead to 2026, MIND ID plans to achieve approximately 6% production increase in the gold sector, leveraging Antam and PT Freeport Indonesia; ferronickel production target maintains 14% growth, and with Vale Sorowako plant's maintenance schedule, the ferronickel product target is set at 68,000 tons.
He stated that MIND ID will focus on advancing high-value-added downstream processing projects, improving the risk management system, and further enhancing its contribution to the national economy. The company positions 2026 as a key foundational year for achieving long-term strategies, aiming to enhance the sustainability and value of its mining asset portfolio. Timely obtaining Mining Business Licenses (RKAB), ensuring supply of production equipment for capacity expansion, and improving logistics support capabilities will be key supports for achieving annual operational targets.
Indonesia's state-owned mining holding company, MIND ID, achieved solid financial performance in 2025 despite global geopolitical tensions and macroeconomic pressures. The company's consolidated financial audit for 2025 is still ongoing. During a recent hearing with the House of Representatives Commission, MIND ID President Director announced preliminary results: net profit reached IDR 29 trillion, exceeding the target by 13%; revenue was IDR 159 trillion, surpassing the target by 4%; EBITDA was IDR 42 trillion, 3% above target. He stated that these results were achieved amid complex external challenges through optimized operational efficiency and strict cost control.
In terms of production, several subsidiaries achieved exceeding or significant growth: Inalum's primary aluminum production reached 280,000 tons, surpassing the target of 275,000 tons; PTBA coal production reached 49.5 million tons, up 5% year-on-year; ANTAM's bauxite production surged 85% to 5.3 million wet metric tons, tin production jumped 63% to 29,100 tons, and ferronickel production grew 14% to 18,400 tons.
Looking ahead to 2026, MIND ID plans to achieve approximately 6% production increase in the gold sector, leveraging Antam and PT Freeport Indonesia; ferronickel production target maintains 14% growth, and with Vale Sorowako plant's maintenance schedule, the ferronickel product target is set at 68,000 tons.
He stated that MIND ID will focus on advancing high-value-added downstream processing projects, improving the risk management system, and further enhancing its contribution to the national economy. The company positions 2026 as a key foundational year for achieving long-term strategies, aiming to enhance the sustainability and value of its mining asset portfolio. Timely obtaining Mining Business Licenses (RKAB), ensuring supply of production equipment for capacity expansion, and improving logistics support capabilities will be key supports for achieving annual operational targets.
