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Building ferronickel plant of IDR 31.27 trillion, VALE to pair up with Chinese companies

07 Sep 2022 10:29

A nickel mining company, PT Vale Indonesia Tbk (INCO) has now officially formed a partnership with two China-based companies, namely China Taiyuan Iron & Steel (Grup) Co, Ltd (TISCO) and Shandong Xinhai Technology Co Ltd (Xinhai), to help it build a ferronickel manufacturing plant in Bahodopi Block worth USD 1.2 billion.

Building ferronickel plant of IDR 31.27 trillion, VALE to pair up with Chinese companies