Vale Indonesia awards Petrosea $1 billion contract for nickel ore mining
Vale’s mining and processing facility near Sorowako on the island of Sulawesi. (Image from Vale)
Indonesian miner Vale Indonesia said it had awarded Petrosea a $1 billion contract to mine for nickel ore in the Central Sulawesi region of Bahodopi, according to a company disclosure form.
The contract will be signed in March and is effective for 10 years, Vale said on Wednesday.
(By Stanley Widianto; Editing by Himani Sarkar)
{{ commodity.name }}
{{ post.title }}
{{ post.date }}
Comments