PT VALE INDONESIA TBK

PT Vale Indonesia Tbk Company Profile

PT Vale Indonesia Tbk is a mining and processing company, primarily producing nickel. It operates as a factory and producer, not a trader.

Nature of Business: Factory / Producer

Industry: Nickel Mining and Processing

Overview:

PT Vale Indonesia Tbk (formerly PT International Nickel Indonesia Tbk or INCO) is one of the largest nickel producers in Indonesia. The company's main business involves the exploration, mining, and processing of nickel laterite ores into nickel matte, an intermediate product for stainless steel manufacturing. Its primary operations are located in Sorowako, South Sulawesi, where it has mines, processing plants, and supporting infrastructure.

Headquarters: Jakarta, Indonesia

Operations:

The company extracts nickel ore from its concessions and processes it using a pyrometallurgical process to produce nickel matte. This nickel matte is then sold to international markets, primarily for use in the production of stainless steel. PT Vale Indonesia Tbk is a subsidiary of Vale S.A., one of the world's largest mining companies, and also has other shareholders including MIND ID (Mining Industry Indonesia) and Sumitomo Metal Mining Co. Ltd.

Products: Nickel Matte

Market: International markets, supplying raw materials to the stainless steel industry.

PT Vale Indonesia Tbk produces and sells:

* Nickel in matte