www.ferroalloynet.com: Indonesia is one of the countries with the largest nickel resources in the world, and its nickel industry plays an important role in the world. In order to have a good, deepen and professional knowledge on Indonesia nickel industry and companies, FerroAlloyNet decides to learn and exchange the development status of domestic high-quality enterprises in Indonesia by visiting since 20-25 November, 2023.
Second Station--- PT Vale Indonesia Tbk
On 21 November, FerroAlloyNet nickel team along with Mitsui & Co., Zhejiang Metals and Materials Company and PT Harapan Anugerah Indah visit PT Vale Indonesia Tbk. Two parties had a deep communication on Vale nickel matte production, price making, hydroelectric power generation facilities and new nickel smelting projects. PT Vale Indonesia Tbk has three operating areas in Sulawesi Island: IGP Pomalaa (HPAL), IGP Morowali(RKEF), Sorowako Block(HPAL). And the new nickel smelting projects in these three operation areas also are proceeding according to established plan which may put into projects in next few years. Besides, they own three hydroelectric power generation facilities with power capacity of 365 WM which can fully meet the demands for the nickel smelting projects production.
About PT Vale Indonesia Tbk
PT Vale Indonesia Tbk was established on July 25, 1968 and listed on the Indonesian Stock Exchange on May 16, 1990, with the stock name INCO. VALE's concession area is 118,017 hectares, covering South Sulawesi (70,566 hectares), Central Sulawesi (22,699 hectares) and Southeast Sulawesi (24,752 hectares), with total proven reserves of 104 million tons (average grade 1.75%). VALE is truly the largest mine owner in Indonesia.
Over half a century of operations in Indonesia, PT Vale Indonesia Tbk grew to become one of the leading mineral mining companies, with a longterm commitment to positively contributing to Indonesia’s sustainable development.