PT Vale Indonesia Tbk engages in the exploration, mining, processing, storage and operations in all stages for nickel and associated ores, minerals, metals, and mineral products. The company is headquartered in Jakarta Selatan, Dki Jakarta and currently employs 3,038 full-time employees. The Company’s integrated nickel mining and processing project in Morowali Regency, Central Sulawesi consist of mining area in Bahodopi and processing plant with Rotary Kiln-Electric Furnace (RKEF) technology in Sambalagi. The company plans to construct nickel processing plant and its facilities in Sambalagi, Morowali Regency, Central Sulawesi and in Pomalaa, Kolaka Regency, Southeast Sulawesi. The project in Bahodopi, is to build a smelter to process saprolite nickel ore and produce ferronickel, a main material for stainless steel making. In Pomalaa, the project is to build a processing facility with HPAL (High Pressure Acid Leaching) technology to process limonite ore and produce intermediate product which can be further processing to material for electric vehicle (EV) battery. Its subsidiaries include PT Bahodopi Nickel Smelting Indonesia and PT Kolaka Nickel Indonesia.
Follow-Up Questions
What is the price performance of PTNDF stock?
The current price of PTNDF is $0, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Vale Indonesia Tbk PT?
Vale Indonesia Tbk PT belongs to Metals & Mining industry and the sector is Materials
What is Vale Indonesia Tbk PT market cap?
Vale Indonesia Tbk PT's current market cap is $0
Is Vale Indonesia Tbk PT a buy, sell, or hold?
According to wall street analysts, 16 analysts have made analyst ratings for Vale Indonesia Tbk PT, including 6 strong buy, 8 buy, 5 hold, 0 sell, and 6 strong sell