MIND ID Net Profit Soars 687% to Rp 14.33 T in 2021!

Jakarta, CNBC Indonesia – Holding of the State-Owned Mining Company (BUMN), Mining Industry Indonesia aka MIND ID, recorded a surge in net profit throughout 2021. MIND ID’s net profit in 2021 jumped 687% to Rp 14.33 trillion from Rp 1.82 trillion in 2020. MIND ID President Director Hendi Prio Santoso said, “The company’s positive performance … Read more

Jreng! Subsidiary of MIND-ID EGMS in Congregation, Change of Directors?

Jakarta, CNBC Indonesia – State-owned mining companies (BUMN) this week announced their plans to hold an Extraordinary General Meeting of Shareholders (EGMS). It is planned that the entire meeting will be held on Thursday, December 23, 2021. The companies in question are PT Aneka Tambang Tbk (ANTM), PT Bukit Asam Tbk (PTBA), and PT Timah … Read more

Hendi Prio’s Action, from JP Morgan to Big Boss of 3 SOEs

Jakarta, CNBC Indonesia – Mining Industry Indonesia (MIND ID) General Meeting of Shareholders (GMS), Mining Industry BUMN Holding consisting of PT Aneka Tambang Tbk (ANTM), PT Bukit Asam Tbk (PTBA), PT Inalum (Persero), PT Timah Tbk (TINS), and PT Freeport Indonesia, held today, Friday (29/10/2021). This GMS decided to overhaul the management of the company, … Read more

Jreng! Erick Thohir Changes Managing Director of MIND ID

Jakarta, CNBC Indonesia – General Meeting of Shareholders (GMS) Mining Industry Indonesia (MIND ID), Mining Industry BUMN Holding consisting of PT Aneka Tambang Tbk (ANTM), PT Bukit Asam Tbk (PTBA), PT Inalum (Peresero), PT Timah Tbk (TINS) , and PT Freeport Indonesia, was held today, Friday (29/10/2021). In this GMS, SOE Minister Erick Thohir decided … Read more

Recently formed, the IBC has been warned by Dahlan Iskan, why?

Jakarta, CNBC Indonesia – The government through the Ministry of State-Owned Enterprises (BUMN) has officially announced the formation of the state-owned battery holding company (BUMN), namely the Indonesia Battery Corporation (IBC) on March 26, 2021. IBC is a joint venture of four SOEs, namely the Mining Industry BUMN Holding MIND ID (PT Indonesia Asahan Aluminum … Read more

Officially, Keroyokan Makes Battery Holding, This Is Different from the Assets of 4 BUMNs

Jakarta, CNBC Indonesia – It’s official holding Indonesia’s electric battery manufacturing company, namely Indonesia Battery Corporation (IBC). This joint venture company of four state-owned companies was founded as holding to manage the integrated electric vehicle battery industry ecosystem from upstream to downstream. A total of four state-owned companies in the mining and energy sector formed … Read more

IBC is Officially Formed, So When Will It Affect the Indonesian Economy?

Jakarta, CNBC Indonesia – The Ministry of State-Owned Enterprises (BUMN) said that the formation of the Indonesia Battery Corporation (IBC) will have an immediate impact on the Indonesian economy from 2021-2023. Deputy Minister I of BUMN Pahala Nugraha Mansury said the impact would be felt directly in Indonesia’s economic recovery after Covid-19. “We hope that … Read more

It takes a budget of Rp. 238 T, this is the Indonesia Battery Corporation Scheme

Jakarta, CNBC Indonesia – Ministry of BUMN officially conveyed the formation of the Indonesia Battery Corporation (IBC), the holding company of the state-owned battery company. BUMN Minister Erick Thohir conveyed that this step was a preparation that had been carried out since last year. Establishment IBC is a transformation of Indonesia’s progress going forward. Existence … Read more

Take note! Erick Announces Indonesia Battery Corporation This Afternoon

Jakarta, CNBC Indonesia – The Ministry of State-Owned Enterprises (BUMN) will soon announce the establishment of Indonesia Battery Holding (IBH), which has the full name of Indonesia Battery Corporation (IBC), which was formed to manage the integrated battery industry from upstream to downstream in the country. In the invitation received by national media including CNBC … Read more

The footsteps of Muhammad Nasir who accused Krakatau Steel of smuggling Chinese steel

TEMPO.CO, Jakarta – DPR Energy Commission member Muhammad Nasir accused PT Krakatau Steel (Persero) Tbk. involved in smuggling Chinese steel. According to Nasir, the state-owned company affixed the company’s stamp on Chinese steel, so that it seemed as if the product was originally made in the country. The state losses caused by the smuggling, said … Read more