State Mining Company’s Dual Route

The government separates Mind Id and Inalum to push downstream aluminum projects. Inalum will develop a giant smelter and expand aluminum factories.

Khairul Anam

January 9, 2023

ONE month ago, Mining Industry Indonesia or Mind Id, and Inalum, short for Indonesia Asahan Aluminum, parted ways. The two companies were previously part of the state mining holding company. The government has since separated Mind Id and Inalum, giving each company different roles. Managements of both companies are now waiting for the scheduling of the general shareholders’ meeting from the ministry of state-owned enterprises (SOEs). &ldquo

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