USX:PTNDY - PT Vale Indonesia Tbk Vale Indonesia Tbk PT ADR
Sector: Materials, Industry: Diversified Metals & Mining
Next Earnings: 10 Jun 2024
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USD 12.95    +0.0 (+0%)

2 May 2024


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General

CEO: Ms. Febriany Eddy

Headquarters: US

Employees: 3,023

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Description

PT Vale Indonesia Tbk is primarily engaged in nickel mining and processing in Indonesia. The company produces nickel in matte from lateritic ores at its integrated mining and processing facilities near Sorowako, Indonesia. The finished nickel product represents what is known in the industry as "primary nickel," meaning nickel produced principally from nickel ores, as opposed to "secondary" nickel, which is recovered from recycled metal which contains nickel. The majority of global nickel is used for stainless steel production.

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