MIND ID Committed To Pacu Downstream Mining Products

JAKARTA - PT Mineral Industri Indonesia (Persero) or MIND ID is committed to spurring downstream to boost national economic performance.

"In general, the MIND ID Group has recorded positive performance over the past year, especially in an effort to encourage downstream national mining products," said Executive Director of the Center for Energy Law and Mining Studies Bisman Bakhtiar in Jakarta, quoted from Antara, Thursday, March 29.

This is in line with the statement of the Minister of State-Owned Enterprises Erick Thohir that the downstream program run by state-owned companies has succeeded in boosting national economic growth to be able to absorb labor.

The main national mining product downstream program has been run by members of SOE Mining Industry Holding MIND ID. From this effort to increase added value, Indonesia is believed to be able to become one of the key players in the global supply chain.

"This is a big program rather than Mr. President Joko Widodo. How can we see this impact downstreaming not only opens up jobs but also the value of Indonesia's trade with many other countries is a balance," said Erick.

One of MIND ID projects is also a concern, namely the Smelter Grade Alumina Refinery (SGAR) in Mempawah Regency, West Kalimantan. The national strategic project (PSN) can purify bauxite ore into alumina up to 1 million tons per year.

Erick believes that the existence of this smelter will complement the downstream process of bauxite ore products into aluminum, so that they can become substitution for imports of foreign products and be able to increase the collection of foreign exchange in the country.

In line with this, Bisman said the company would continue to encourage downstreaming, especially nickel. He also hopes that MIND ID will help strengthen downstreaming carried out by PT Freeport Indonesia.

"In general, we see that the performance of the MIND ID Group is quite good, the role of holding in supporting and coordinating downstreaming is quite optimal," said Bisman.