Berita

Vale Indonesia (INCO) Signs US$ 2 Billion Nickel Project Deal With Shandong and Baowu

Selasa, 06 September 2022 | 17:32 WIB
Vale Indonesia (INCO) Signs US$ 2 Billion Nickel Project Deal With Shandong and Baowu

ILUSTRASI. PT Vale Indonesia Tbk (INCO) on Tuesday signed an investment deal with China's Shandong Xinhai Technology Co. Ltd and a unit of China Baowu Steel Group Corp. Ltd to develop a processing plant on Sulawesi island.

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - JAKARTA. Nickel miner PT Vale Indonesia Tbk (INCO) on Tuesday signed an investment deal with China's Shandong Xinhai Technology Co. Ltd and a unit of China Baowu Steel Group Corp. Ltd to develop a processing plant on Sulawesi island.

Vale Indonesia's chief executive Febriany Eddy said the project, which is located in Bahodopi, in the Morowali district, would cost around US$ 2,1 billion.

Terbaru
IHSG
6.862,26
0.34%
22,92
LQ45
941,14
0.50%
4,65
USD/IDR
14.992
0,09
EMAS
1.029.000
0,19%