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View all search resultsVale
Companies 4 months ago
PT Vale showcases Indonesia’s world-class sustainability, climate-aligned nickel at COP30
As global governments and organizations convene at the 30th United Nations Climate Change Conference (COP30) in Belém, Brazil, Indonesia is stepping into the limelight as a model for sustainable, low-carbon nickel development.
Companies 11 months ago
PREMIUM
China's GEM assumes control of nickel processor BNSI
A Chinese battery and materials recycler has become the majority owner of Bahodopi Nickel Smelting Indonesia (BNSI), the developer of a nickel processing facility in the Bahodopi Block in Morowali, Central Sulawesi, thereby reducing the stake of PT Vale Indonesia.
Opinion 2 years ago
PREMIUM
Analysis: MIND ID on track in acquiring a controlling stake in Vale Indonesia
Vale Canada, a subsidiary of Brazilian mining firm Vale, and Sumitomo Metal Mining (SMM), a unit of Japanese conglomerate firm Sumitomo Group, have finally agreed to divest parts of their stake in Vale Indonesia (INCO) to Indonesian state-owned mining holding company Mineral Industri Indonesia (MIND ID). The initial deal was inked with the signing of a Head of Agreement (HoA) on the sideline of the 2023 Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting, bringing MIND ID to be one step closer to becoming INCO’s controlling shareholder.
