INCO - PT. Vale Indonesia Tbk

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JAKARTA -  Management of nickel producers PT Vale Indonesia Tbk (INCO) will focus on increasing productivity and efficiency as their main strategy throughout 2016.

INCO Director explains that through out 2014 and 2015, their plant's capacity was increased which resulted in record levels of production for those years.

To boost efficiency the company will rely on several strategies such as coal conversion to reduce energy costs or even going as far as capping salaries throughout the year, according to the Board of Directors.

Management adds that hopefully they can attain good quality ore for its nickel production this year and also speed up its annual maintainence shut down period in order to not set back production.