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MIND ID Prepares US$500M to Acquire Vale, Moedak Appoints as CEO

JAKARTA (TheInsiderStories) - Indonesian miner, PT Indonesia Asahan Aluminium (MIND ID) prepared funds US$500 million to acquire 20 percent stake of PT Vale Indonesia...

Japan’s Sumitomo Targeting to Operates Pomalaa Nickel Mines in 2020

JAKARTA (TheInsiderStories) - Japanese miner, Sumitomo Metal Mining Co. Ltd., (SMM), targeting to operate Pomalaa nickel owned by PT Vale Indonesia Tbk (IDX: INCO)...

Brazilian Company, Vale Indonesia Invests US$5B to Build Smelter

JAKARTA (TheInsiderStories) - Brazilian company joined with nickel miner, PT Vale Indonesia Tbk (IDX: INCO) collaborating build smelter in the country Indonesia with an...

Widodo Promises to Settle Vale Indonesia Divestment

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo expressed his readiness to assist PT Vale Indonesia Tbk (IDX: INCO) divestment. This was conveyed by the...

Vale Indonesia Invests US$2B to Build Bahodopi, Pomalaa Projects

JAKARTA (TheInsiderStories) - Publicly listed miner, PT Vale Indonesia Tbk (IDX: INCO) in talks with potential investor from China to build Bahodopi smelter in Central...

Vale Indonesia Prepares US$5B to Build Nickel Projects with Partners

JAKARTA (TheInsiderStories) - Publicly listed nickel miner, PT Vale Indonesia Tbk (IDX: INCO), has planned to invest US$5 billion in nickel projects with its...

Vale Indonesia Plans to Divest Shares to SOEs

JAKARTA (TheInsiderStories) – A miner, PT Vale Indonesia Tbk (IDX: INCO) plans to divest shares through a scheme pre-emptive rights to the State-Owned Enterprises...

Japan’s Sumitomo Invests US$1.8B in Indonesia’s EV Battery Project

JAKARTA (TheInsiderStories) - Japan's miner Sumitomo Metal Mining Co., Ltd., planned to invest US$1.8 billion on EV battery  businesses in Indonesia. The miner has conducted...