Key insights and market outlook
The performance outlook for MIND ID holding companies in 2026 is expected to vary, with continued business expansion. PT Aneka Tambang Tbk (ANTM) remains optimistic about gold demand, targeting similar sales volumes to 2025. Strong gold demand is anticipated to support ANTM's performance, with a 20% year-on-year growth in gold sales recorded in Q3 2025.
The MIND ID holding companies, which include major Indonesian mining firms, are expected to show varied performance in 2026. PT Aneka Tambang Tbk (ANTM), one of the key subsidiaries, remains optimistic about its prospects despite market challenges. According to ANTM's Director of Finance and Risk Management, Arianto Sabtonugroho Rudjito, the company is focusing on strengthening gold supply in the domestic market.
ANTM has reported a 20% year-on-year increase in gold sales to 34,164 kg (1.09 million troy ounces) in Q3 2025. For 2026, the company is targeting a similar sales volume to the previous year. The strong demand for gold is expected to be a key driver of ANTM's performance.
The company's strategy for 2026 includes maintaining its market position through robust supply chain management and continued exploration efforts. With the mining sector remaining a crucial part of Indonesia's economy, MIND ID companies are likely to play a significant role in the country's economic development.
Gold Sales Growth
Business Expansion Plans