SOE Minister Calls for Accelerated Investment in Vale Indonesia for National Enrichment

SOE Minister Calls for Accelerated Investment in Vale Indonesia for National Enrichment

Jakarta – SOE Minister Erick Thohir said PT Vale Indonesia Tbk had been operating in Indonesia for a long time. However, the company did not accelerate its investment in the country and only did so when nickel became the prima donna. This was Erick’s response when asked about the desire of the BUMN MIND ID … Read more

Mulan Jameela Sentil Smelter Project Has Stopped, MIND ID Boss Says This

Jakarta – Member of Commission VII DPR, Mulan Jameela, commented that the smelter project had stalled during a meeting with the MIND ID board of directors. MIND ID or Mining Industry Indonesia (MIND ID) is a state-owned mining industry holding company consisting of PT ANTAM Tbk, PT Bukit Asam Tbk, PT Freeport Indonesia, PT Inalum … Read more

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

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

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 prices of ANTM, TINS ​​& INCO ‘explode’, are they already expensive?

Jakarta, CNBC Indonesia – Reli haThe three shares of three mining issuers that will be included in the Indonesian Battery Holding have not stopped yet. Today, three shares which are also subsidiaries of PT Indonesia Asahan Alumunium (Inalum) or MIND-ID outperformed the price hike of other mining shares. The three shares belong to PT Aneka … Read more

Jeng jeng..Big Boss Freeport Suggests Not to Build a New Smelter!

Jakarta, CNBC Indonesia – Freeport McMoran President and Chief Executive Officer (CEO) Richard Adkerson suggested that PT Freeport Indonesia not build a new smelter, after some time ago proposing to postpone the operation of the new smelter to 2024 due to the project being delayed due to the Covid-19 pandemic. Adkerson said, in exchange, his … Read more

Electric batteries that make ANTM, TINS ​​& INCO stocks ‘explode’

Jakarta, CNBC Indonesia – The share price of the mining holding subsidiary of State-Owned Enterprises (BUMN) Mining Industry Indonesia (MIND ID) aka PT Indonesia Asahan Alumunium (Inalum) shot up again today. The plan to form a holding company of PT Indonesia Battery to operate an electric vehicle battery factory with a factory investment value of … Read more