The event was opened by the President & Group CEO of Maybank, followed by keynote addresses from Indonesia’s Vice Minister of Industry, Faisol Riza, and the Chairperson of the Board of Commissioners of the Financial Services Authority (OJK), Friderica Widyasari Dewi. The speakers emphasized the importance of collaboration among the government, the financial sector, and the private sector tp accelerate the transition to a low-carbon economy by strengthening the sustainable finance ecosystem, developing carbon markets, and fostering global partnerships.

One of the forum’s key sessions was a panel discussion titled “Translating Policy Signals to Sustainable Business Growth,” which explored how government policies can be translated into investment opportunities, sustainable business growth, and transition strategies aligned with corporate objectives. During the session, Bahtiar Manurung, ESG and Climate Change Manager of PT Merdeka Copper Gold Tbk, joined Agus Firmansyah (Financial Services Authority/OJK), Dewi Muliana (Ministry of Industry), and Sharan Burrow (Chair, ClimateWorks Centre Board). The discussion was moderated by Zain Bador, Director of Sustainable Business, Maybank Group.

As the only industry representative on the panel, Bahtiar emphasized that while the government has provided direction through various climate-related policies, the strongest transformation signals today are also being driven by evolving global market requirements. One notable example is the implementation of the EU Battery Regulation, which is raising expectations for responsible mining practices and sustainable mineral supply chains. In response to these developments, Merdeka has embarked on its transition toward a low-carbon economy by establishing the Merdeka Group Net Zero Commitment and Policy, strengthening its climate governance framework, and implementing a range of decarbonization initiatives across its business units.

During the discussion, Bahtiar also highlighted the importance of ensuring the availability of affordable renewable energy, particularly in remote areas, maintaining a consistent and predictable regulatory framework, and expanding access to green finance to accelerate the industrial transition toward a low-carbon economy.

Through active participation in strategic forums such as the Maybank Indonesia Sustainable Finance Forum 2026, Merdeka continues to contribute to accelerating decarbonization across the mining sector while supporting the development of policies and financing mechanisms that foster a more resilient, inclusive, and sustainable economy.

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Main photo: Bahtiar Manurung, ESG & Climate Change Manager of PT Merdeka Copper Gold Tbk, during the panel discussion.

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At the event, Merdeka Group was represented through its exhibition booth, showcasing videos, posters, infographics, and interactive activities highlighting ESG achievements and sustainability initiatives across its operations. The exhibition featured three key entities within the Group: PT Merdeka Copper Gold Tbk as the parent company, along with its subsidiaries PT Merdeka Battery Materials Tbk and PT Merdeka Gold Resources Tbk.

On the first day of the event, Minister of Environment, Moh. Jumhur Hidayat visited the Merdeka Group booth. The visit provided an opportunity to present the company’s sustainability initiatives and achievements.

In addition to participating through the exhibition, Merdeka Group also took part as a speaker in the CEO Talks session titled “The Circular Titans: Pushing the Boundaries of Green Technology in Industrial-Scale Emissions, Residue, and Waste Management.” Bahtiar Manurung, ESG and Climate Change Manager, represented Merdeka as a speaker during the session.

During the CEO Talks, Bahtiar explained how Merdeka Group is future-proofing its mining business through the implementation of circularity, decarbonization, and responsible mining principles.

Merdeka’s circularity initiatives include the utilization of spent ore from the Wetar Copper Mine, which was previously unused and considered an environmental liability. In addition, Merdeka Group utilizes low-grade limonite nickel ore from the SCM mine that had previously remained unutilized due to its limited economic value, converting it into feedstock for the  High Pressure Acid Leach (HPAL) plant.

Bahtiar noted that approximately one million tonnes of spent ore from the Wetar Copper Mine are utilized annually as feedstock for Merdeka Group’s HPAL plant. Meanwhile, limonite production reached 14.7 million wet metric tonnes (wmt) in 2025, contributing US$34.2 million in government royalty revenues.

As part of its decarbonization efforts, Merdeka Group has developed a slurry pipeline to transport limonite ore slurry from SCM’s Feed Preparation Plant (FPP) to the HPAL facility, replacing the previous truck-haulage method. The use of the slurry pipeline significantly reduces fuel consumption and lowers greenhouse gas emissions.

In addition, Bahtiar explained that Merdeka Group implements responsible mining principles through environmental and risk management, respect for human rights, the application of responsible labor practices, occupational health and safety, community engagement and development, the provision of effective grievance mechanisms, as well as strong corporate governance and business ethics. The implementation of these principles not only ensures compliance with responsible mining standards but also supports the company’s continued access to global markets.

Merdeka Group’s participation in INVIROTECH 2026 reflects the company’s commitment to contributing to climate change solutions and supporting the national clean energy transition agenda.
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Main photo: Bahtiar Manurung, ESG and Climate Change Manager of Merdeka Group (second from left), participates in the INVIROTECH 2026 CEO Talks session.

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The series began in Lalomerui Village, the closest to SCM’s mining site, and marked an important milestone with the inauguration of the newly renovated Al-Qautsar Mosque, fully supported by SCM.

“With the completion of this renovation, we hope the community can perform their worship more comfortably,” said Lalomerui Village Head, Taksir Unggahi.

The Ramadan Safari also fostered warm interactions, including through the “Anak Saleh” educational quiz. Children participated enthusiastically, offering candid answers that often drew laughter. Mothers accompanying them were occasionally invited to join as well.

As part of the program, SCM’s Community Affairs team and contractor partners distributed more than 350 Ramadan care packages to underprivileged households. These were symbolically handed over to village authorities for distribution.

“Through the Ramadan Safari and these donations, SCM hopes to further strengthen community ties,” said SCM Head of Mining Engineering, Didik Fotunadi. “Direct engagement and positive interactions form the foundation of a harmonious relationship between the company and the community.”
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Engaging Youth in Morowali
A similar sense of togetherness was seen in Morowali, Central Sulawesi. Here, PT Merdeka Tsingshan Indonesia (MTI) held Ramadan Safari events on February 27, 2026, at Babussalam Mosque in Makarti Jaya Village, and on February 28 at Ar-Rahman Mosque in Labota Village. Activities began before iftar with religious sermons, followed by communal breaking of the fast and prayers.

Beyond religious observances, MTI’s Ramadan Safari created space for youth engagement. In collaboration with Makarti Jaya Village-Owned Enterprise (BUMDes), the company organized religious competitions involving students from ten local Qur’anic learning centers. Events ranged from archery and short surah memorization to young preacher contests, adhan, quiz competitions, and Ramadan vlogging. These activities encouraged both religious understanding and creativity among village youth.

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Ramadan Fair at Tujuh Bukit
In Banyuwangi, East Java, PT Bumi Suksesindo (BSI) introduced a different approach through Ramadan Fair 2026, involving 56 students from seven high schools in Pesanggaran and Siliragung districts.

Held every weekend since February 27, 2026, the program combined Islamic boarding-style activities with educational sessions. Days were filled with communal worship, followed by tarawih prayers and Qur’an recitation in the evenings. Participants also explored topics relevant to youth, such as the risks of early marriage and drug abuse.

They also received social media content training and joined a mine tour at the Tujuh Bukit Gold Mine.

“Mining is something we usually only see from the outside. Now I can see it firsthand,” said Raya, a participant from SMK PGRI Pesanggaran.

As part of the program, BSI held “Bumi Suksesindo Bersholawat” on March 7, 2026, at Tujuh Bukit Futsal Stadium, attended by hundreds of employees and student participants. The event also included donations to local orphans.

A dedicated session for female employees, titled “Resilient Women Welcoming Ramadan,” focused on practical topics such as emotional awareness and mental resilience in a demanding work environment.

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Extended Safari and Ramadan Market in Pohuwato
In Gorontalo Province, the Pani Gold Mine conducted an extensive Ramadan Safari from February 23 to March 19, 2026. A total of 29 events were held across villages and hamlets, in collaboration with mosque committees and involving multiple company departments.

Each visit included iftar gatherings, religious talks, and congregational prayers, reaching areas such as Hulawa, Taluduyunu, Buntulia, Bulangita, and Palopo. Activities were also regularly held at Baiturrahim Grand Mosque, including a large iftar event at Pohuwato Grand Mosque attended by local government and the public. Cooking oil was distributed at each event as direct support to residents.

“We are impressed by the community’s enthusiasm. Their warm responds gives positive energy to the company,” said Mahesha Lugiana, CSR Manager of Pani Gold Mine.

The program concluded with a Ramadan Market held in Buntulia and Marisa districts. Hundreds of residents accessed subsidized staple packages—worth Rp200,000 but redeemable at Rp50,000—to help meet household needs ahead of Eid. The initiative also reached traditional miners in collaboration with Pohuwato Police.

Through the combination of Ramadan Safari and the Ramadan Market, Pani Gold Mine delivered both social engagement and tangible economic support to surrounding communities.

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Ramadan activities across Merdeka Group’s mining areas may vary, but all are tailored to local needs and cultural contexts. Through sustained interaction and engagement, Ramadan Safari goes beyond religious observance. It creates shared spaces that strengthen communication and trust between the company and the communities it operates in.

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Two subsidiaries of PT Merdeka Gold Resources Tbk that operate Pani Gold Mine received awards in the large company category: PT Gorontalo Sejahtera Mining (GSM) for achieving 7,666,280 person-hours without a lost time injury, and PT Puncak Emas Tani Sejahtera (PETS) for achieving 2,166,209 person-hours without a lost time injury.

The award was presented by the Governor of Gorontalo Province in recognition of the companies’ achievement in recording zero lost time injuries (LTI), in accordance with Minister of Manpower Regulation No. PER-01/MEN/I/2007. This milestone demonstrates that the consistent implementation of OHS management systems can create a safe, healthy, and productive workplace.

The award was received by Sasongko Heru Nugroho, Head of Mine Technical PETS, accompanied by Adi Firdaus, HR Manager of Pani Gold Mine. “Everyone Safe, Always is our core operational value. This achievement reflects the collective efforts of all employees and partners in upholding safety standards,” said Sasongko. “We remain committed to maintaining and further strengthening OHS standards across all operations.”

Adi said that the achievement reflects strong collaboration in building a safety culture. “This award is not just about numbers, but about our consistency in ensuring every worker returns home safely each day,” said Adi. “We build our safety culture through continuous training, strict supervision, and active engagement of employees and partners.”

This recognition further Pani Gold Mine’s position as a mining operation that prioritizes safety alongside productivity and responsibility to its workforce.

Moving forward, the company will continue enhancing OHS training, operational supervision, and workforce competency to ensure safety remains the foundation as it advances toward full production.

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Artikel Pani Gold Mine Receives Zero Accident Award from Gorontalo Province pertama kali tampil pada PT Merdeka Copper Gold Tbk.

Mosehe Wonua is a sacred customary ritual of territorial purification practiced by the Tolaki people, one of the ethnic groups of Southeast Sulawesi. The ritual aims to cleanse the self and the land, reconcile conflicts, and ward off misfortune by seeking protection from the Creator so that the region may be spared from harm.

The procession began solemnly with the Pengangkatan Adat, or the formal declaration of the ritual’s intent. Led by the To-ono Mo-tuo, or customary elders, of the Tolaki Customary Council, the ceremony involved the Vice Regent of Konawe, Syamsul Ibrahim, as the respected elder figure. The presence of customary leaders alongside government officials symbolized the harmony between traditional order and formal governance. Also in attendance were representatives of the Konawe Regency DPRD, officials from the regency and Routa Subdistrict governments, and village heads from across Routa.

Following the declaration, the ritual continued with a collective prayer. All participants bowed their heads in reverence. Holding hands or gently touching each other’s shoulders, they prayed together, offering hopes for the safety and well-being of the entire Routa community. The ritual then proceeded with a water-sprinkling procession. Water that had been prayed over was sprinkled onto those present, symbolizing inner purification and the cooling of the soul for every resident of Routa.

The climax of the Mosehe Wonua ritual was marked by the sacrifice of a buffalo. The blood that was shed symbolized atonement and the rejection of misfortune. Through this offering, the community sought to release negative energies and replace them with gratitude for the abundance bestowed upon the land of Routa.

The event was attended not only by residents and government representatives, but also by the private sector. The Head of Mine Technical of PT Sulawesi Cahaya Mineral (SCM), Didik Fotunadi, along with representatives of SCM contractors, took part in the ritual with deep respect, underscoring that industry and tradition can coexist in harmony.

In his remarks, Vice Regent Syamsul Ibrahim emphasized the importance of maintaining harmony between the community and companies operating in the area. “Mosehe Wonua purifies ourselves and our land so that we are kept away from misfortune. This is the first time in Routa’s history that Mosehe Wonua has been held,” he said. “I hope this ritual becomes a momentum to strengthen bonds with local communities, especially in Routa. We must work together to develop this area into a miniature of the most beautiful town in Konawe and Southeast Sulawesi.”

Echoing this sentiment, Routa Urban Village Head Ahmad stated that the collaboration between residents and the company to revive this nearly extinct ritual was a major step toward unity. “This event is sacred and is being held for the first time in Routa. It serves as a forum to unite all Routa residents,” he said. “If disputes arise, we should sit together and involve customary institutions. In Routa, we have always prioritized customary resolution for the sake of peace.”

From the industry perspective, Didik Fotunadi reaffirmed SCM, a subsidiary of PT Merdeka Battery Materials Tbk (IDX: MBMA), commitment to contributing to communities around its mining operations through various economic and infrastructure development programs. “Our contribution to the Mosehe Wonua event reflects our commitment to respecting local wisdom and cultural traditions in the communities surrounding SCM’s mining area in Routa,” he said. “As a ‘neighbour’ in Routa, we also need a safe and conducive environment so that our operations can continue to deliver positive contributions to community welfare. SCM will continue to work in synergy with local government and the community.”

As the ritual concluded and all prayers had been offered, a profound hope lingered on the Lalomerui field: that economic progress would never erode the noble values passed down by Tolaki ancestors. Routa now stands not only spiritually cleansed, but also ready to embrace a more harmonious future.

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Artikel Mosehe Wonua Routa: Purifying the Heart and Preserving Tradition in the Land of Konawe pertama kali tampil pada PT Merdeka Copper Gold Tbk.

The availability of internet access in Lalomerui is the result of collaboration between SCM and PLN Icon Plus, Regional SBU Sulawesi and Eastern Indonesia. Infrastructure development began in early January 2026, starting with the installation of fiber optic cables. PLN Icon Plus supplied poles and network infrastructure from the provincial road junction to Routa Sub-district, while SCM’s IT team ensured distribution reached key facilities throughout the village. With bandwidth capacity of up to 200 Mbps, the connection is designed to be stable and capable of supporting a wide range of activities, from video conferencing to access to government servers—services that were previously difficult to reach from the area.

The most immediate benefits have been felt in the education sector. Prior to the installation, teachers at SD Negeri Lalomerui and SMP Negeri 2 Routa had to travel for hours to the regency capital simply to submit administrative reports and update the national Education Data System (Dapodik) online.

The principal of SMP Negeri 2 Routa, Imran, described the internet access as a turning point for teaching and learning. “For the past several years, our digital learning materials were practically unusable because they required access to central servers. With free Wi-Fi now available, learning resources can be accessed easily,” he said. “We believe this will significantly boost students’ motivation to learn.”

Internet access has also improved efficiency in school operations. Previously, students of SMP Negeri 2 Routa had to travel to the regency capital to take national assessments. This year, the school is proud to be able to conduct the National Assessment independently on its own campus.

Village Head of Lalomerui, Taksir Unggahi, expressed hope that the facility would broaden local perspectives and open new economic opportunities. “We hope this internet access brings new knowledge to communities around the mining area, including ways to develop the village economy through digital platforms,” he said.

Despite the many benefits, SCM also emphasized the importance of responsible use of technology. During the official handover ceremony of the Village Internet Facility held at SCM’s Community Affairs Office in Lalomerui on 4 February 2026, SCM’s Head of Mine Technical , Didik Fotunadi, reminded the community that the internet has two sides. “Internet technology is like a double-edged sword. It shortens distances, but it also exposes users—especially children—to outside influences if not properly supervised,” he said. “We entrust this facility to be safeguarded and used positively, with guidance from teachers and parents.”

Following the signing of the handover documents, representatives of SCM management, together with its parent company PT Merdeka Battery Materials Tbk and the PLN Icon Plus team, visited beneficiary locations including the Lalomerui Village Office, SMP Negeri 2 Routa, and SD Negeri Lalomerui. Technical teams checked signal strength and ensured routers and cable installations met safety standards and were ready for sustainable operation. The visit was also attended by teachers from SD Negeri Lalomerui led by Ramlin, S.Pd., and local community leaders.

With the operation of this free internet service, Lalomerui Village has officially entered the digital era. The initiative demonstrates that geographical constraints are no longer a barrier to access to technology—and that collaborative efforts can bring meaningful change to classrooms hidden behind hills and forests in remote areas of Konawe.

Main photo: View of Lalomerui Village.

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The Roworejo River is located not far from the Tujuh Bukit Gold Mine operated by PT Bumi Suksesindo (BSI). Both are situated in Sumberagung Village, Pesanggaran Subdistrict, Banyuwangi, East Java. When the Sumberagung Village Government initiated the normalization of the Roworejo River to reduce flood risks, the subsidiary of PT Merdeka Copper Gold Tbk provided support by covering the cost of excavator operations.

The river normalization work began on Saturday, 24 January 2026, targeting a one-kilometer stretch of the river. The process has been directly monitored by the Head of Pancer Hamlet, Estu Raharjo. Improved water flow following the normalization is expected to reduce flood risks. According to Estu, the effort is also crucial to protecting local livelihoods. “Our farmers depend heavily on their crops. When flooding occurs, plants are damaged and they suffer losses,” he said.

The excavator deployed on site has also been used for other community needs, such as creating household waste disposal pits to prevent rubbish from being carried into the river during the rainy season.

BSI’s support for river normalization in Sumberagung Village is not without precedent. In 2019, BSI was involved in the normalization of the Gonggo River, which had previously overflowed frequently, flooding residential areas, damaging farmland, and leaving large amounts of waste behind. After the river was dredged and the removed sediment was used to build embankments, areas that had experienced flooding up to three times a year were no longer affected.

Support for the normalization of the Roworejo River forms part of BSI’s ongoing involvement in environmental management around its mining operations. Through cooperation with the village government and local communities, flood mitigation efforts are expected to be carried out more effectively and deliver tangible benefits for the residents of Sumberagung.

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The Pani Gold Mine is a strategic project of PT Merdeka Gold Resources Tbk, a subsidiary of PT Merdeka Copper Gold Tbk. As part of the Merdeka Group, the development of the Pani Gold Mine draws on the Group’s experience in operating the Tujuh Bukit Gold Mine in Banyuwangi, East Java, which applies a similar processing method. This experience provides a strong foundation for technical planning, facility development, and the implementation of operational and sustainability standards at the Pani Gold Mine.

During the initial production stage, the Pani Gold Mine applies the heap leach method, whereby crushed gold ore is stacked on a heap leach pad and irrigated with a chemical solution to dissolve gold and silver from the ore. The resulting pregnant leach solution is then transferred to the ADR Plant (Adsorption, Desorption, and Recovery) for extraction and refining processes, producing gold and silver in the form of dore bullion. The Pani Gold Mine ADR facility has completed its commissioning phase and is ready to process pregnant leach solution.

President Director of PT Merdeka Gold Resources Tbk, Boyke Poerbaya Abidin, stated that the commencement of heap leach irrigation underscores the project’s readiness to achieve its first gold production target.

“This project is not only expected to drive long-term value for investors, but also to make a tangible contribution to regional development, particularly for communities in Pohuwato Regency, through increased local government revenue, job creation, and the development of local MSMEs,” said Boyke.

Alongside the operation of the heap leach facility, the Pani Gold Mine continues to advance the development of a downstream Carbon-in-Leach (CIL) processing facility as part of its medium- to long-term production capacity growth strategy. A Feasibility Study, targeted for completion in the first quarter of 2026, is currently being prepared based on a planned CIL processing capacity of 12 million tonnes per year, to be constructed and operated at full capacity from the outset. This approach replaces the previous plan, which envisaged starting operations at a capacity of 7.5 million tonnes before gradually ramping up to 12 million tonnes.

From a resource perspective, the Pani Gold Mine holds approximately 4.8 million ounces of gold Ore Reserves, derived from a Mineral Resource Estimate of more than 7 million ounces of gold. With this scale, the Pani Gold Mine is recognized as one of the largest primary gold deposits in Indonesia. Through the optimization of heap leach operations and the development of a large-scale CIL facility, the Pani Gold Mine has the potential to reach peak production exceeding 500,000 ounces of gold per year, positioning it as one of the largest gold mines in Indonesia and the Asia-Pacific region.

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The INSTAR 2025 Index serves as a form of appreciation for companies assessed as having implemented sustainable and integrity-driven business practices. The program is organized by Tempo Data Science in collaboration with Transparency International Indonesia (TII) and the Institute for Strategic Initiatives (ISI). These institutions play an important role in promoting transparency, accountability, and the strengthening of business governance and democracy in Indonesia.

This year, INSTAR assessed 900 companies out of a total of 1,019 companies that published annual and sustainability reports, including issuers listed on the Indonesia Stock Exchange and non-listed state-owned enterprises. The assessment applied 47 indicators across four key dimensions: Social and Human Rights, Environment, Business Integrity, and Corporate Resilience. Companies scoring 80 or above receive the Verified Badge, while those exceeding the assessment threshold but not yet reaching a score of 80 receive the Committed Badge.

Participating in the INSTAR assessment for the first time, PT Merdeka Battery Materials Tbk achieved an index score of 83.75, making it the only mining company in Indonesia to receive the INSTAR Verified Company Badge in 2025. Meanwhile, PT Merdeka Copper Gold Tbk recorded a total index score of 79.82, an increase of 16.67 percent from its 2024 score of 68.42.

The awards on behalf of the Merdeka Group were accepted by Tom Malik, Head of Corporate Communication of Merdeka. The ceremony was also attended by Deputy Minister of Investment Todotua Pasaribu and Deputy Commissioner for Financial System Stability at the Financial Services Authority (OJK), Agus E. Siregar, who emphasized the importance of integrity and sustainability in national business practices.

The INSTAR 2025 awards reflect the results of an independent assessment of the companies’ governance and sustainability practices. This achievement serves as a reference for the Merdeka Group to continue evaluating and strengthening its business integrity practices and sustainability reporting going forward, in line with evolving regulations and stakeholder expectations.

Main photo: Tom Malik, Head of Corporate Communication, receives the INSTAR Verified Company Badge on behalf of PT Merdeka Battery Materials Tbk. Second photo: Tom Malik, Head of Corporate Communication, receives the INSTAR Committed Company Badge on behalf of PT Merdeka Copper Gold Tbk. Third photo: Representatives of companies receiving the INSTAR Committed Badge.

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The award was presented to Dinia Widodo, External Communications Manager of Merdeka, at the gala night of Lestari Summit 2025, held at Hotel Raffles, Jakarta, on October 2, 2025. The ESG & Climate Change team of Merdeka was also in attendance, coordinating the company’s participation in the event.

This year, the selection process for the Lestari Awards was more rigorous and comprehensive, as it included interview stages for the first time. Participating companies submitted applications through the Lestari platform, which were then assessed by independent assessors, followed by finalist interviews. The winners were announced at the awards ceremony. The event is organized by KG Media in collaboration with several knowledge partners, including WWF, the Indonesian Society of Sustainability Professionals (ISSP), and BAPPENAS.

The ceremony was opened by Prof. Dr. Ir. Rachmat Pambudy, M.S., Minister of National Development Planning, and attended by Rosan Roeslani, Minister of Investment and Downstreaming of Indonesia, and Raja Juli Antoni, Minister of Forestry, who also presented awards to the winners.

According to Wisnu Nugroho, VP Sustainability of Kompas Gramedia, the Lestari Awards 2025 received 126 submissions—an increase of about 40 percent from last year. This reflects the growing number of organizations eager to share best practices on sustainability issues. In 2025, 16 companies were recognized as winners, with those from Indonesia advancing to the regional level alongside winners from Malaysia and the Philippines.
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Main photo: Dinia Widodo, External Communications Manager of Merdeka, receiving the 2025 LESTARI Awards.

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