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PT Vale Indonesia Tbk (PTNDF)
| Previous close | 0.2401 |
| Open | 0.2401 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's range | 0.2401 - 0.2401 |
| 52-week range | 0.2395 - 0.4580 |
| Volume | |
| Avg. volume | 174 |
| Market cap | 2.701B |
| Beta (5Y monthly) | 0.98 |
| PE ratio (TTM) | 8.00 |
| EPS (TTM) | 0.0300 |
| Earnings date | N/A |
| Forward dividend & yield | 0.01 (2.49%) |
| Ex-dividend date | 16 May 2023 |
| 1y target est | N/A |
- Reuters
UPDATE 2-Vale divestment in Indonesian nickel unit expected to finish in July
Indonesia's mining minister on Wednesday said divestment of Vale Canada Ltd and Sumitomo Metal Mining Co. Ltd's shares in their nickel miner unit Vale Indonesia is expected to conclude in July. The transaction is required by the government to extend Vale Indonesia's operating permit beyond 2025. Vale Canada and Sumitomo agreed to divest a 14% stake in nickel unit to Indonesia's mining industry holding company, MIND ID, taking MIND ID's ownership to 34% from 20%.
- Reuters
UPDATE 1-Vale Indonesia targets 2024 output of about 70,800 metric tons nickel in matte
Nickel miner PT Vale Indonesia is aiming for output this year of about 70,800 metric tons of nickel in matte, an official said on Monday, a similar volume to the 70,728 metric tons produced in 2023. Vale Canada and Japan's Sumitomo Metal Mining in February agreed to divest a 14% stake in Vale Indonesia to Indonesia's mining industry holding company, MIND ID, as a requirement to secure the new mining permit. Indonesian government said it would issue the new mining permit for Vale.
- PR Newswire Asia
Vale Base Metals Finalizes Plans to Reduce Equity Interest in PT Vale Indonesia Tbk
Vale Base Metals ("VBM") informs that Vale Canada Limited ("VCL") signed a Definitive Agreement ("Agreement") with PT Mineral Industri Indonesia ("MIND ID") and Sumitomo Metal Mining Co., Ltd. ("SMM") regarding the divestment obligation of PT Vale Indonesia Tbk ("PT Vale"). Under the Agreement, VCL and SMM will divest approximately 14 per cent pro-rata combined equity interest in PT Vale to MIND ID.
