Jakarta – The draft issuance of PT Vale Indonesia’s Special Mining Business Permit (IUPK) Decree has been submitted directly to the Ministry of Investment/Investment Coordinating Board (BKPM). This was stated directly by the Minister of Energy and Mineral Resources, Arifin Tasrif. Vale initially only had a Work Contract (KK) which will be transferred to an … Read more
Jakarta – Mining industry holding MIND ID has officially added a 14% stake in PT Vale Indonesia Tbk. This was marked by the signing of the Vale Indonesia divestment takeover transaction document ‘Signing of Definitive Transaction Agreement For the Acquisition of PTVI Shares’. The signing was attended by the Coordinating Minister for Maritime Affairs and … Read more
Jakarta – BUMN Minister Erick Thohir spoke about the progress of PT share divestment negotiations Vale Indonesia Tbk (INCO). He said that until now price negotiations were still ongoing and no agreement had been reached. Erick also gave a firm message to Vale Indonesia shareholders to provide the lowest possible share divestment price. “We are … Read more
Jakarta – Controlling shareholder of PT Vale Indonesia Tbk agreed to release or divest 14% of its shares. The shareholders who will carry out the divestment are Vale Canada Ltd and Sumitomo Metal Mining. Energy and Mineral Resources Minister Arifin Tasrif said the decision had been made. This share divestment itself is a condition for … Read more
Jakarta – Commission VII of the House of Representatives urges the Government through the Ministry of Energy and Mineral Resources (ESDM) to control and control the mining management carried out by PT Vale Indonesia Tbk (INCO). This is because the Canadian nickel company has controlled natural resources (SDA) in Indonesia for 55 years. Deputy Chairman … Read more
Jakarta – The government has not yet made a decision regarding the divestment PT Vale Indonesia Tbk to date. Previously, President Joko Widodo (Jokowi) said that the government would make a decision this month. Regarding this divestment, SOE Minister Erick Thohir said he was in a defensive position. “My position is defending, later the Minister … Read more
CNN Indonesia Monday, 17 Jul 2023 20:31 WIB BUMN Minister Erick Thohir quipped at Vale because he had been in RI for a long time but did not immediately accelerate investment. (CNN Indonesia/Khaira Ummah Junaedi Putri). Jakarta, CNNIndonesia — Minister BUMN Erick Thohir satirized PT Vale Indonesia Tbk. According to him, the company has been … Read more
Jakarta – SOE Minister Erick Thohir said PT Vale Indonesia Tbk had been operating in Indonesia for a long time. However, the company did not accelerate its investment in the country and only did so when nickel became the prima donna. This was Erick’s response when asked about the desire of the BUMN MIND ID … Read more
Jakarta – The Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia opened his voice about the divestment of shares in PT Vale Indonesia Tbk. Divestment is a condition for Vale’s extension, whose contract expires in 2025. According to Bahlil, the government is still calculating the decision. The government wants to get maximum … Read more
Jakarta – PT Vale Indonesia Tbk will divest 14% shares to continue operations in Indonesia. This figure is greater than the provision that must be released, namely 11%. This was conveyed by Minister of Energy and Mineral Resources Arifin Tasrif at his office, Central Jakarta, Friday (7/7/2023). “The last percentage is 11 plus 3, so … Read more