PT Vale Indonesia Tbk - Company Profile
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PT Vale Indonesia Tbk (PT Vale) is a mining company in Indonesia. It carries out the exploration, mining, processing, and marketing of nickel and related products. PT Vale sells its total production under long-term contracts for refining in Japan. The company’s project portfolio includes Sorowako Limonite Project, Morowali (a greenfield Saprolite Project), and Pomalaa (greenfield Saprolite and Limonite Project). PT Vale also owns and operates three hydroelectric power generating plants Larona, Balambano and Karebbe. The plants supply the electricity for operating smelting and nickel ore processing furnace at the process plant in Sorowako. The company operates throughout Indonesia and has offices in Sorowako and Makassar. PT Vale is headquartered in Jakarta, Indonesia.
Products and Services
Products |
---|
Nickel |
Coal |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Plans/Strategy | In February, the company announced its plans to increase capital through a pre-emptive rights scheme. |
2023 | Plans/Strategy | In December, the company announced its plans to produce 70,800 tons of matte nickel in 2024. |
2023 | Contracts/Agreements | In December, the company along with Ford Motor and Zhejiang Huayou Cobalt Co entered into a collaboration to produce 120,000 tons of nickel chemicals per year for electric vehicle batteries. |
Competitor Comparison
Key Parameters | PT Vale Indonesia Tbk | PT Aneka Tambang Persero Tbk | PT Timah Tbk | PT Central Omega Resources Tbk | PT Freeport Indonesia |
---|---|---|---|---|---|
Headquarters | Indonesia | Indonesia | Indonesia | Indonesia | Indonesia |
City | Jakarta | Jakarta Selatan | Jakarta | Jakarta | Jakarta |
State/Province | Daerah Khusus Ibukota Jakarta Raya | Jakarta | Kepulauan Bangka Belitung | Daerah Khusus Ibukota Jakarta Raya | Daerah Khusus Ibukota Jakarta Raya |
No. of Employees | 3,023 | 3,949 | 4,506 | 362 | - |
Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Vinicius Mendes Ferreira | Director | Senior Management | 2019 | 48 |
Febriany Eddy | President Director | Senior Management | 2021 | 45 |
Bernardus Irmanto | Director | Senior Management | 2021 | 47 |
Filia Alanda | Secretary | Senior Management | 2018 | 39 |
Adriansyah Chaniago | Vice President Director | Senior Management | 2020 | 55 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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