RE: Moving!20 Jan 2026 11:53
7 January 2026: PALANGKA RAYA – The case of alleged corruption in the sale of zircon, ilmenite, and rutil that dragged PT Investasi Mandiri is increasingly revealing. The Central Kalimantan High Prosecutor's Office (Kejati Kalteng) on Tuesday (06/01/2026) conducted an intensive examination of witnesses and suspects to complete the case file.
The examination was held at 09.00 WIB and took place in the Special Crimes room of the Central Kalimantan District Attorney's Office. A number of witnesses were presented, including VC, as witnesses related to suspects IH, ETS, and HS, as well as four additional witnesses, including employees of PT Investasi Mandiri and the Central Kalimantan Provincial Trade Office. "This examination is important to uncover the facts of alleged irregularities in the sale and export of mining commodities," said the Head of the Central Kalimantan District Attorney's Office, Dodik Mahendra.
Not only witnesses, but two suspects, namely IH, an ASN at the Central Kalimantan Energy and Mineral Resources Office, and ETS, an employee of PT Investasi Mandiri, were intensively examined. Both are suspected of violating Article 2 Paragraph (1) and Article 3 juncto Article 18 of the Criminal Code and the Law on the Eradication of Corruption.
This case began with the activities of PT Investasi Mandiri which has a 2,032-hectare Production Operation Mining Business License (IUP OP) in Gunung Mas, which was issued in 2010 and extended in 2020. However, the alleged irregularities occurred when the company allegedly used the Work Plan and Cost Budget Approval (RKAB) as a cover for the sale of mining commodities, even though most of the materials were purchased from local communities in Katingan and Kuala Kapuas Regencies.
"It is suspected that there is abuse of the RKAB so that PT Investasi Mandiri can sell zircon, ilmenite, and rutil to the local market or export, even though the materials do not come entirely from the company's mining permit," said a source at the Central Kalimantan Prosecutor's Office.
Even more tragic, PT Investasi Mandiri is listed as an asset of PYX Resources, which is listed on the Australian and London Stock Exchanges. The offices of PYX Resources and PT Investasi Mandiri are known to be located in the same building in Palangka Raya.
This alleged corruption is estimated to cost the state up to Rp 1.3 trillion, not including regional tax losses, environmental impacts, and illegal mining activities in unlicensed forest areas (IPPKH).
The Prosecutor's Office continues to investigate the role of each suspect and witness, while preparing a complete file for the next legal process. This case has become one of the biggest public spotlights related to strategic mines in Central Kalimantan over the past few years. []