Petrosea secures jumbo contract of USD 1 billion from Vale
17 Jan 2025 08:24
This Prajogo Pangestu's company receives mining service contract from Vale, effective for 10 years.
Vale Indonesia is granted 10-year operational license extension
16 May 2024 10:27
PT Vale Indonesia Tbk (INCO) has received an extension of operational license from Indonesian government, following the issuance of Special Mining Business License on May 13, 2024.
Gov’t claims spot as Vale’s controller, 5 to enter management
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).
Vale Indonesia share divestment agreed at IDR3,750 per share
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.
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.
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.
Penta Valent to seek IDR 54.83 billion in IPO
05 Jan 2023 13:39
PT Penta Valent Tbk (PEVE), a pharmaceutical and consumption goods distributor, will issue 368 million shares in its initial public offering (IPO) in Indonesia Stock Exchange (IDX).
