Inalum to be Holding Company for Mining SOEs

Annisa ayu artanti    •    02 Maret 2016 14:44 WIB
Inalum to be Holding Company for Mining SOEs
Illustration (Photo: Antara Foto/Irsan Mulyadi), Jakarta: Ministry of State Owned Enterprises (SOEs) official mentioned PT Indonesia Asahan Alumunium (Inalum) will be selected as holding company for mining SOEs.
The ministry's deputy for mining, strategic industry and media Fajar Hari Sampurno stated the decision has been taken. Inalum is selected because the company is fully owned by the government.
"The holding company must be 100 percent owned by the government. Not public company," said Fajar at his office, Jakarta, Tuesday (1/3/2016).
The holding company is established for efficiency. "So there will be one company focus on mining sector," he added.
Besides Inalum, mining SOEs are PT Aneka Tambang, PT Bukit Asam and PT Timah.