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MIND ID (Mining Industry Indonesia)

PT Mineral Industri Indonesia (Persero)

Mining companyUnverified

State-owned mining holding company whose members include Antam, Bukit Asam, Freeport Indonesia, Inalum, Timah and Vale Indonesia.

Stakeholder group
Mining companies
Headquarters
Indonesia

Elements of interest

Deals and financing (1)

  1. 2024-02-26 · Acquisition · completed · US$160 m

    PT Mineral Industri Indonesia (MIND ID) → Vale Canada Ltd; Sumitomo Metal Mining · PT Vale Indonesia (Sorowako, Pomalaa, Bahodopi)

    Vale and Sumitomo Metal Mining signed a definitive agreement to sell 14% of PT Vale Indonesia to state miner MIND ID, which becomes the largest shareholder at about 34%, fulfilling Indonesia's divestment rule and supporting the licence extension.

    official release

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Profile compiled from public sources (mind.id), checked 2026-10-02. Report an error