Prabowo’s Brother’s Firm Aims to Secure IDR 7 Trillion in Canadian Mining Assets

October 15, 2025

Jakarta, Indonesia – Arsari Tambang, an Indonesian mining company linked to prominent businessman Hashim Djojohadikusumo, is making a meaningful push to acquire mining assets in Canada, possibly valued at approximately IDR 7 trillion (roughly CAD $500 million). Teh move indicates a growing trend of Indonesian companies seeking to expand their geographical footprint and diversify their investments into established mining jurisdictions.

Strategic Expansion into Canadian Mining sector

According to recent reports, Arsari Tambang is actively evaluating several potential acquisitions across various Canadian provinces. The company is reportedly focused on assets containing crucial minerals used in the burgeoning electric vehicle (EV) battery sector, including nickel, lithium, and cobalt. This strategy aligns with the global shift toward lasting energy and the increasing demand for battery materials.

This advancement arrives amid heightened interest from Indonesian investors in the Canadian mining landscape. The indonesian government has been actively fostering international collaborations to secure resources critical for its domestic industries, particularly its ambition to become a major player in EV battery production. According to data from Natural Resources Canada, Foreign direct Investment in the Canadian mining sector reached CAD $18.2 billion in 2023, demonstrating the country’s appeal to global investors.

Political Connections and business Interests

hashim Djojohadikusumo, a long-time business associate of indonesian presidential candidate Prabowo Subianto, founded Arsari Tambang. The company’s expansion plans have garnered attention due to these established political connections. Prabowo Subianto’s sister, Titiek Soeharto, is also reportedly connected to the venture, further highlighting the intertwined nature of business and politics in Indonesia.

The acquisition strategy reflects a broader trend of resource nationalism and strategic alliances, particularly within the Asia-Pacific region. Indonesia aims to strengthen its control over the supply chain of critical minerals, and Canada offers a stable regulatory environment and abundant resources to support these ambitions.

Key Financial Details

metric	Value
Estimated Asset Value	IDR 7 Trillion (approximately CAD $500 Million)
Target Minerals	Nickel, Lithium, cobalt
investor	Arsari Tambang (Hashim Djojohadikusumo)

Did You Know? canada is a global leader in mining, accounting for approximately 60% of the world’s publicly traded mining companies.

Pro Tip: When evaluating international mining investments, it’s crucial to consider geopolitical risks and regulatory frameworks.

The Indonesian government views this expansion as a positive step toward securing long-term resource security for its growing economy. It also aligns with the country’s commitment to developing a robust downstream processing industry for minerals, adding value to raw materials before export.

The Global Mining Landscape: A Shifting Paradigm

The global mining industry is currently undergoing a significant change, driven by the rising demand for critical minerals required for the energy transition. Countries are increasingly focused on securing their supply chains and reducing reliance on single sources. this has led to a surge in mergers and acquisitions, as well as increased investment in exploration and development projects in politically stable and resource-rich jurisdictions like Canada. The Canadian mining sector benefits from a robust legal framework, skilled workforce, and well-developed infrastructure, making it a highly attractive destination for foreign investment.

Frequently asked Questions about Arsari Tambang’s Canadian Investment

• What is Arsari Tambang’s primary goal in Canada? Arsari Tambang aims to acquire mining assets containing critical minerals like nickel, lithium, and cobalt, essential for the EV battery industry.
• Who is Hashim Djojohadikusumo? He is an Indonesian businessman and founder of Arsari Tambang, with established connections within Indonesian politics.
• Why is Canada a target for Indonesian investment? Canada offers a stable regulatory environment, abundant mineral resources, and robust infrastructure.
• What is the estimated value of the potential acquisitions? The targeted acquisitions are estimated to be worth approximately IDR 7 trillion (roughly CAD $500 million).
• How does this fit into Indonesia’s broader economic strategy? This investment aligns with Indonesia’s goal of securing resources for its growing economy and developing a strong downstream processing industry.

What are your thoughts on this international expansion? Do you think more Indonesian companies will follow suit?

Share your insights and join the discussion in the comments below.

What is the connection between Hashim Djojohadikusumo and Toba Sejahtra Group’s investment in Canadian mining assets?

Toba Sejahtra group’s Canadian Expansion Plans

Recent reports indicate that Toba Sejahtra Group, a company linked to Prabowo Subianto’s brother, hashim Djojohadikusumo, is aggressively pursuing mining assets in canada, with a potential investment reaching IDR 7 trillion (approximately $450 million USD). This move signals a notable expansion of the Indonesian conglomerate’s global footprint within the mining industry, specifically targeting nickel, cobalt, and other critical minerals vital for the electric vehicle (EV) revolution.

Key Players and investment Structure

Hashim Djojohadikusumo, a prominent businessman and political figure in Indonesia, chairs Toba sejahtra Group. The firm is partnering with PT Merdeka Copper Gold Tbk, a publicly listed Indonesian mining company, to form a joint venture specifically for this Canadian venture.

* Toba Sejahtra Group: Holds a controlling stake in the joint venture,leveraging its financial resources and strategic vision.

* PT Merdeka Copper Gold Tbk: Brings technical expertise in mineral exploration, mining operations, and project progress.

* Investment Breakdown: The IDR 7 trillion investment will be allocated towards acquiring and developing promising mining projects, with a focus on assets already demonstrating resource potential.

Target Minerals and Strategic rationale

The primary focus of Toba Sejahtra Group’s Canadian investment lies in securing access to key battery metals.This aligns with Indonesia’s broader strategy to become a major player in the EV battery supply chain.

* Nickel: Crucial for lithium-ion battery cathodes, driving demand due to the booming EV market. Canada is a significant nickel producer.

* Cobalt: Another essential component of EV batteries, frequently enough sourced alongside nickel.

* Lithium: While not explicitly stated as a primary target, the potential for lithium exploration and acquisition remains open.

* Strategic Alignment: This investment complements Indonesia’s efforts to process nickel domestically, adding upstream control to the supply chain.

Canadian Mining Landscape & Opportunities

Canada presents a compelling destination for mining investment due to its:

1. Political Stability: A stable democratic government and well-defined regulatory framework.
2. Established Mining Infrastructure: existing infrastructure, including transportation networks and skilled labor.
3. Rich Mineral Resources: Abundant reserves of nickel, cobalt, lithium, and other critical minerals.
4. Favorable Mining Laws: Relatively transparent and predictable mining regulations.

However, investors also face challenges, including:

* Environmental Regulations: Stringent environmental standards requiring careful planning and mitigation.

* Indigenous Consultation: Mandatory consultation with Indigenous communities, requiring respectful engagement and benefit-sharing agreements.

* Competition: Intense competition for prime mining assets from global players.

Recent Indonesian Government Actions & Context

This investment follows a recent move by President Prabowo Subianto to oversee the return of illegal mining assets worth Rp 1.5 trillion to state-owned tin producer Timah (as reported on October 14, 2025). This demonstrates the Indonesian government’s commitment to strengthening the legal and regulatory framework surrounding the mining sector and ensuring responsible resource management. While seemingly disparate,both actions highlight a broader strategy: consolidating domestic control over valuable resources and expanding access to critical minerals globally.

Potential Benefits for Indonesia

Toba Sejahtra Group’s Canadian venture offers several potential benefits for indonesia:

* supply Chain security: Diversifying sources of critical minerals, reducing reliance on single suppliers.

* Technological Transfer: Access to advanced mining technologies and expertise from Canadian companies.

* Economic Growth: Increased revenue from mineral exports and potential job creation in Indonesia’s downstream processing industries.

* Strengthened International Partnerships: Fostering closer economic ties with Canada.

Due Diligence and Risk Mitigation

Triumphant execution of this aspiring investment requires thorough due diligence and proactive risk mitigation. Key areas of focus include:

* Geological Assessment: Extensive evaluation of the resource potential of target assets.

* Environmental Impact Assessment: Detailed assessment of potential environmental impacts and development of mitigation plans.

* Legal and Regulatory Compliance: Ensuring full compliance with Canadian mining laws and regulations.

* Stakeholder Engagement: Building strong relationships with Indigenous communities and other stakeholders.

* Financial Modeling: Robust financial modeling to assess project viability and potential returns.

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* PT Merdeka Copper Gold

* Critical minerals investment

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* Indonesia EV strategy

* Nickel cobalt mining