Wrestling for Control over Nickel

Mind Id and Vale Canada are competing for control over Vale Indonesia. Negotiations may end in a stalemate.

Khairul Anam

July 17, 2023

VALE Indonesia received praise from two visiting state officials. The company was first complimented by Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan during his visit to its nickel mine and smelter in Sorowako, South Sulawesi, in November 2022. According to Vale Indonesia Chief Executive Officer (CEO), Febriany Eddy, Luhut said the company had already applied good mining practices.

Febriany said Luhut asked ho

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