14 Mar 2024 13:26
PT Mineral Industri Indonesia (Persero) (MIND ID) will become a joint controller with Vale Japan Limited (VCL) in PT Vale Indonesia Tbk (INCO) via a rights issue of 603.44 million shares.
27 Feb 2024 10:53
The Indonesian government, through state-owned holding of mining, MIND ID, has signed a sales and purchase agreement (SPA) regarding the 14% divestment of PT Vale Indonesia Tbk (INCO) last Monday (26/2).
19 Feb 2024 12:39
The Ministry of Energy and Mineral Resources (ESDM) said that the divestment plan of PT Vale Indonesia Tbk (INCO) shares owned by Vale Canada Limited (VCL) and Sumitomo Metal Mining Co. (SMM) to MIND ID, has reached a price agreement.
12 Feb 2024 10:42
The profit of PT Vale Indonesia Tbk (INCO) was recorded increasing 36.89% year-on-year (yoy) to USD 274.33 million from USD 200.40 million in 2022. This growth resulted from increases in revenue and financial income.
09 Feb 2024 15:57
On Tuesday, February 6, foreign sell volume exceeded 3.70 billion shares, while foreign buying volume was only 2.50 billion shares. As a result, net foreign volume dropped to -1.19 billion shares. One of the factors contributing to the surge in foreign sales volume was the sale of 2.41 billion shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), resulting in a net volume of -1.66 billion shares.
25 Jan 2024 12:45
The Minister of Investment, Luhut Binsar Pandjaitan, expressed his opinion on the claim of Tesla, Elon Musk’s electric vehicle (EV) manufacturer, quitting nickel for EV battery materials.
27 Dec 2023 10:37
Ford Motor Company, a leading multinational car manufacturer from the U.S, has invested a large amount of capital in PT Kolaka Nickel Indonesia (KNI).
07 Dec 2023 17:46
On Thursday, November 30, the foreign buying and selling volumes were both around 8 billion shares, with the foreign selling volume at 8.73 billion shares and the foreign buying volume at 8.62 billion shares.
20 Nov 2023 11:02
Vale Canada Limited (VCL) and Sumitomo Metal Mining Co. Ltd. have signed on a divestment agreement of approximately 14% of PT Vale Indonesia Tbk (INCO) to MIND ID.
18 Oct 2023 10:14
PT Vale Indonesia Tbk (INCO), a foreign investment company that holds nickel mining and processing licenses in Indonesia, booked an increase in nickel production volume of up to 18% year-on-year (yoy) throughout January-September (9M) 2023.