Vale and Sumitomo transfer 14% of INCO to MIND ID
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.
Third quarter in, Vale Indonesia scored 18% production volume growth
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.
Nusatama Berkah and Norinco International to join hands for electric trucks
20 Sep 2023 10:10
PT Nusatama Berkah Tbk (NTBK), a manufacturer of special vehicles designed for mining and logistics, has signed a Memorandum of Understanding (MoU) with Norinco International.
Promising recurring income, PWON's rating rises to BB+ Stable
12 Sep 2023 10:53
S&P, an international credit rating agency, upgraded the rating of PT Pakuwon Jati Tbk (PWON) from the initial "BB" to "BB+" with "Stable" outlook.
Vale joins hands with Huayou Cobalt and Huali Nickel for smelting plant in East Luwu
28 Aug 2023 12:41
PT Vale Indonesia Tbk (INCO) has signed a definitive cooperation agreement with Zhejiang Huayou Cobalt Co. Ltd. (Huayou) and PT Huali Nickel Indonesia (Huali) for the construction of nickel smelting facility in East Luwu, South Sulawesi.
Nickel price skyrocketing, Vale Indonesia saw 24% growth in sales
16 Feb 2023 22:15
PT Vale Indonesia Tbk (INCO) booked sales of USD 1.18 billion in 2022, 24% higher than USD 953.2 million seen in 2021.
