Indonesia’s mining industry holding company, MIND ID, agreed on Monday to acquire a 14% stake in Vale Indonesia from Vale Canada and Japan’s Sumitomo Metal Mining, to become the top shareholder at one of the country’s largest nickel miners.

Monday, February 26, 2024 - 19:20:20

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Mining News Pro - Nickel miner Vale Indonesia is planning to divest 14% of its stake this year to fulfill divestment rules, Indonesia’s mining minister Arifin Tasrif told reporters on Friday.

Saturday, August 5, 2023 - 23:50:59

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Mining News Pro - Nickel miner PT Vale Indonesia broke ground on a 37.5 trillion rupiah ($2.48 billion) ferronickel smelter Sulawesi island on Friday, an Indonesian senior minister said.

Friday, February 10, 2023 - 19:25:55

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Mining News Pro - Nickel miner PT Vale Indonesia on Tuesday signed an agreement with China’s Zhejiang Huayou Cobalt to build a second high-pressure acid leach (HPAL) plant to produce nickel material used in batteries to power electric vehicles.

Wednesday, September 14, 2022 - 14:02:30

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Mining News Pro - Nickel miner PT Vale Indonesia on Tuesday signed an investment deal with China’s Shandong Xinhai Technology Co. Ltd and a unit of China Baowu Steel Group Corp. Ltd to develop a processing plant on Sulawesi island.

Wednesday, September 7, 2022 - 14:45:39

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Mining News Pro - Indonesian nickel miner PT Vale Indonesia said it aims to start construction at its Pomalaa project next year to produce material used in batteries for electric vehicles, executives said on Wednesday.

Thursday, September 9, 2021 - 14:09:39

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Mining News Pro - Brazilian mining giant Vale (NYSE:VALE) announced on Friday that its Canadian subsidiary Vale Canada Limited (VCL) has reached an agreement to sell a 20% stake in the nickel producer PT Vale Indonesia to state-controlled PT Indonesia Asahan (Inalum).

Sunday, June 21, 2020 - 1:33:23 AM

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Mining News Pro - Brazilian mining giant Vale announced on Friday that its Canadian subsidiary Vale Canada Limited (VCL) has reached an agreement to sell a 20% stake in the nickel producer PT Vale Indonesia to state-controlled PT Indonesia Asahan (Inalum).

Saturday, June 20, 2020 - 10:58:19 AM

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Mining News Pro - Indonesia`s state mining holding company Mining Industry Indonesia has secured loans from two Japanese banks and a state bank to finance a stake acquisition from PT Vale Indonesia, a director said on Monday.

Monday, November 25, 2019 - 11:47:42 AM

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Mining News Pro - State holding company Mining Industry Indonesia will acquire a 20% stake in Vale Indonesia for $500 million by June, 2020, the state miner’s acting chief executive said on Friday.

Sunday, November 24, 2019 - 10:27:25 AM

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Mining News Pro - Indonesia’s government has appointed state miner PT Inalum to purchase a stake that PT Vale Indonesia intends to sell, the Director General of Coal and Minerals, Bambang Gatot Ariyono, said on Monday.

Tuesday, October 8, 2019 - 10:38:51 AM

Visit: 520