The establishment of Indonesia’s Mining Industry Holding Company, MIND ID, is aimed at optimizing the value of Indonesia’s mineral resources as a driver of sustainable economic growth. Indonesia’s nickel, copper, bauxite, gold, tin, and coal hold highly strategic positions within global industrial supply chains.
According to data from the Geological Agency, Indonesia has the world’s largest nickel reserves, accounting for around 42 percent of global reserves. Indonesia also ranks first globally in tin reserves, fourth in bauxite and gold reserves, ninth in copper reserves, and sixth in coal reserves.
Selly Adriatika, Division Head of Institutional Relations at MIND ID, explained that the national mining industry needs to enter a new phase capable of generating significantly greater added value to drive Indonesia’s economic growth. Moreover, Indonesia has a major opportunity to transform from a commodity-exporting country into an integrated industrial nation that makes use of its own natural resources.
“The government has tasked MIND ID with ensuring that Indonesia’s mineral wealth does not stop at extraction. These natural resources must become the foundation for industrialization capable of strengthening the national economic structure and enhancing Indonesia’s economic sovereignty,” Selly said, as quoted from a written statement on Wednesday, September 9, 2026.
She said MIND ID was established as part of efforts to open this new chapter while addressing the stagnation that has occurred in the development of the mining industry. Indonesia needs to strengthen its processing capabilities so that it can produce products and raw materials aligned with the needs of domestic industries.
At the same time, Indonesia needs to strengthen strategic partnerships with various international industry players and investors to accelerate technological capabilities and expand market access.
In parallel, the creation of new engines of economic growth must be accelerated through the integration of various strategic mineral value chains. As a result, the mining sector must develop into an interconnected ecosystem in which the various components complement and reinforce one another.
As stipulated in Article 33 of the 1945 Constitution, the utilization of land, water, and natural resources is intended for the prosperity of the people. Accordingly, control over natural resource reserves is one of MIND ID’s mandates. As an extension of the government, MIND ID is tasked with exercising more strategic control over natural resources, including taking over strategic mineral and coal reserves owned by foreign entities so that their benefits can be maximized for the interests of the Indonesian people.
“Our objective does not stop at managing mines. What we seek to achieve is to ensure that Indonesia’s entire wealth of natural resources can be optimized to strengthen economic sovereignty and provide the greatest possible benefit to Indonesia,” Selly concluded.
