Jakarta - Delayed Quote • IDR PT Vale Indonesia Tbk (INCO.JK) Follow Compare 3,030.00 -10.00 (-0.33%) As of 11:29:50 AM GMT+7. Market open. All News Press releases SEC filings All SEC filings Corporate changes and voting matters Periodic financial reports Proxy statements Tender offer/acquisition reports Offering registrations Petrosea gets $1bn nickel ore mining contract from Vale Indonesia This contract is set to be signed in March and will be effective for ten years. Nickel's Price Plunge: Indonesian Dominance Shakes Global Markets Indonesia's nickel dominance raises environmental concerns and questions about the country’s labor practices. Stellantis in talks to invest in Indonesian nickel smelter The proposed facility will process low-grade nickel ore into battery-grade metal, which is essential for Stellantis' electric vehicle (EV) expansion plan. Stellantis in talks with Vale to invest in Indonesian nickel smelter Stellantis is in talks with Vale and China’s Huayou Cobalt to invest in a nickel smelter in Indonesia and secure supplies of the battery metal... UPDATE 2-Vale divestment in Indonesian nickel unit expected to finish in July Indonesia's mining minister on Wednesday said divestment of Vale Canada Ltd and Sumitomo Metal Mining Co. Ltd's shares in their nickel miner unit Vale Indonesia is expected to conclude in July. The transaction is required by the government to extend Vale Indonesia's operating permit beyond 2025. Vale Canada and Sumitomo agreed to divest a 14% stake in nickel unit to Indonesia's mining industry holding company, MIND ID, taking MIND ID's ownership to 34% from 20%. UPDATE 1-Vale Indonesia targets 2024 output of about 70,800 metric tons nickel in matte Nickel miner PT Vale Indonesia is aiming for output this year of about 70,800 metric tons of nickel in matte, an official said on Monday, a similar volume to the 70,728 metric tons produced in 2023. Vale Canada and Japan's Sumitomo Metal Mining in February agreed to divest a 14% stake in Vale Indonesia to Indonesia's mining industry holding company, MIND ID, as a requirement to secure the new mining permit. Indonesian government said it would issue the new mining permit for Vale. Vale Base Metals Finalizes Plans to Reduce Equity Interest in PT Vale Indonesia Tbk Vale Base Metals ("VBM") informs that Vale Canada Limited ("VCL") signed a Definitive Agreement ("Agreement") with PT Mineral Industri Indonesia ("MIND ID") and Sumitomo Metal Mining Co., Ltd. ("SMM") regarding the divestment obligation of PT Vale Indonesia Tbk ("PT Vale"). Under the Agreement, VCL and SMM will divest approximately 14 per cent pro-rata combined equity interest in PT Vale to MIND ID. Performance overview Trailing total returns as of 1/31/2025, which may include dividends or other distributions. Benchmark is IDX COMPOSITE Return INCO.JK IDX COMPOSITE YTD -16.30% +1.10% 1-year -22.11% -0.47% 3-year -34.67% +7.71%