Saudi Arabian Industry Minister Visits MIND ID To Discuss Mineral Cooperation

Photo: Doc. Antara

JAKARTA - Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia Bandar Al-Khorayef visited MIND ID to discuss mineral cooperation, in order to encourage the creation of added value and sustainability.

"Indonesia and Saudi Arabia are at an important point in redefining the mineral economy," said MIND ID President Director Maroef Sjamsoeddin in his statement, quoted by Antara, Wednesday, April 16.

At MIND ID, he continued, it is believed that collaboration is the key to unlocking the full potential of Indonesia's mineral wealth.

Mineral resources are not only to boost economic growth, but also to accelerate innovation and global sustainability.

The visit of the Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia to MIND ID took place on Tuesday (15/4).

The visit marked the start of a strategic dialogue between Indonesia and Saudi Arabia about critical minerals.

For MIND ID, which manages various strategic Indonesian mineral assets such as copper, nickel, aluminum, and tin, this collaboration is not just diplomacy.

This collaboration is a concrete step in realizing global mineral resilience and added-value industrial development, in line with Indonesia Gold's 2045 vision.

MIND ID's integrated supply chain and a strong commitment to sustainability make us a strategic partner for countries like Saudi Arabia that want to strengthen downstream capabilities. We are ready to explore opportunities for cooperation, knowledge exchange, and transformational innovation," said Maroef.

Based on previous reports, the Minister of Industry and Saudi Arabian Resources Bandar Al-Khorayef made an official visit to Indonesia to explore strengthening cooperation between the two countries in the industrial and mining sectors.

His ministry stated that Al-Khorayef would meet several high-ranking Indonesian officials and private representatives in the mining sector.

During his visit, His Majesty will meet with a number of important public sector officials, including the Minister of Energy and Mineral Resources and the Minister of Industry of the Republic of Indonesia, according to the ministry's statement received on Sunday, April 13.

The visit aims to strengthen bilateral cooperation in the mining sector that offers great opportunities for long-term growth for both countries.

In the last fiscal year, the export value of Indonesian mineral fuels exceeded 67 billion US dollars (around Rp1,124 trillion), while the import value reached 38 billion US dollars.