Indonesian state miner completes 20 percent stake buy in Vale unit for $375m
Indonesia’s state miner Mining Industry Indonesia (MIND ID), formerly known as PT Inalum, completed its purchase of a 20 percent stake in nickel miner PT Vale Indonesia, the country’s state- owned enterprises ministry said on Thursday. MIND ID bought the 20 percent stake at Rp 2,780 per share, totaling to Rp 5.52 trillion (US$375.77 million), […]
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