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PT Vale Indonesia Tbk ADR - Stock Quote PTNDY

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Morningstar's PT Vale Indonesia Tbk ADR Stock Analysis

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PT Vale Indonesia Tbk ADR's Company Profile

Business Description

PT Vale Indonesia Tbk is primarily engaged in nickel mining and processing in Indonesia. The company produces nickel in matte from lateritic ores at its integrated mining and processing facilities near Sorowako, Indonesia. The finished nickel product represents what is known in the industry as "primary nickel," meaning nickel produced principally from nickel ores, as opposed to "secondary" nickel, which is recovered from recycled metal which contains nickel. The majority of global nickel is used for stainless steel production.

Jl. Jenderal Sudirman kav. 52 - 53, The Energy Building, 31st Floor, SCBD Lot 11A
Jakarta, 12190, Indonesia
T +62 215249000
Industry Other Industrial Metals & Mining
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2022
Stock Type
Employees 2,934