Inalum Continues to Spur SOE Mines Master 100 Percent of Strategic Mineral Reserves

INDUSTRY.co.id - Pangkalpinang, PT Indonesia Asahan Aluminum (Inalum) continues to make efforts to encourage State Owned Mining Enterprises to control all strategic mineral reserves.

This is strived to remember the gait of SOEs that are still small compared to private and foreign companies in Indonesia.

"We are funding to support the full effort of the state-owned mining company to control 100 percent of strategic mineral reserves in the country," said Inalum Finance Director Oggy Ahcmad Kosasih, as quoted by Antara yesterday.

He explained that one of the objectives of establishing a holding company of mining companies namely PT Aneka Tambang Tbk, PT Bukit Asam Tbk and PT Timah Tbk is to control strategic mineral reserves.

"Hopefully with this holding can give the most significant contribution to the mining SOEs," he said.

Oggy said the current strategic mineral reserves in Indonesia are still dominated by national and foreign private companies.

"Currently mining SOEs gaining control of this mineral reserve is still small compared to private companies in Indonesia," he said.

To that end, PT Inalum will support the efforts of state-owned mining in order to master this strategic mineral reserves.

"We hope through this activity to provide a good recommendation, so what is the purpose of forming the holding is well realized," he said.