Indonesia Reveals $12b Plan to Create Electric Car Battery Giant

... electric vehicle battery industry called Indonesia Baterai to spearhead its effort ... of 20 percent shares in Vale Indonesia, a nickel producer. Orias said ... capture this opportunity to develop Indonesia's electric vehicles industry. "If ...

Orias Moedak Named New Mining Czar, Rudiantara New PLN Chief

... -owned mining holding company Indonesia Asahan Aluminum and appointed ... of port operator Pelabuhan Indonesia II, as chief financial ... of the shares in Vale Indonesia, the country's largest ... tin miner Timah and Freeport Indonesia. Rudiantara Meanwhile, news of ...

Inalum Sets Aside $500m to Acquire Vale Indonesia

... 20 percent stake in Vale Indonesia, the country's largest ... .5 billion valuation of Vale Indonesia and imposed a 6. ... 20 percent stake [in Vale Indonesia] we will spend approximately ... . Indonesian mining law requires Vale Indonesia, currently still under the ...

Indonesia Abruptly Halts All Nickel Ore Exports

... while the share price of Vale Indonesia, the country's largest ... 5 percent on the Indonesia Stock Exchange on Tuesday ... Alexander Barus, chief executive of Indonesia Morowali Industrial Park – an ... to the export ban, Indonesia committed to exporting up to ...

Inalum Signs Preliminary Agreement for Vale Divestment

... in the company, Indonesia's largest nickel producer, Vale Indonesia said in a ... signing, Vale Indonesia said. Vale Canada controls 58.73 percent of Vale Indonesia and Sumitomo ... for the share acquisition. After Vale Indonesia released its statement, the company ...

Gov't Orders Inalum to Acquire Stake in Vale Indonesia

... 20 percent stake in Vale Indonesia, paving the way for ... producer in the country. Vale Indonesia operates an integrated nickel ... to disclose any details. Vale Indonesia's market capitalization was ... 58.73 percent of Vale Indonesia. Sumitomo Metal Mining owns ...

Indonesia Will Halt Nickel Ore Exports Earlier Than Planned

... on that," he said. Vale Indonesia, the country's largest nickel ... industry, which Indonesia wishes to develop. Shares of Vale and state ... higher, respectively, on the Indonesia Stock Exchange (IDX) on ... currently building smelters in Indonesia, 15 of which are ...

Nickel Ore Export Ban Is Good for Indonesia: Vale

Jakarta. Vale Indonesia, the country's largest nickel ... , the president director of Vale Indonesia, however, said Indonesia may be better off ... by 30 percent since June. "Indonesia is a big player in ... to a 2018 WoodMac study, Indonesia's 27 percent share of ...

Vale Keen to Meet Jokowi to Push for Divestment Decision

... company's shares. Smelter Development Vale Indonesia is currently in the final ... taken longer than we expected," Vale Indonesia director Febriani Eddy said on ... . Febriani said Vale Indonesia will bear all the investment costs. Vale Indonesia is also ...

Nickel Producers Eye Indonesia to Plug Into EV Battery Market

... ) that it and nickel miner Vale Indonesia are conducting a feasibility study ... "could represent growth opportunities in Indonesia" and attract interest from Chinese ... the opportunities are," Xiao said. Vale Indonesia is working on obtaining environmental ...