trending Market Intelligence /marketintelligence/en/news-insights/trending/jILS0Qf_URV87b7iDte3KA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Indonesian state miner signs deal for 20% Vale Indonesia interest

COVID19 Mining Impacts Mining Projects With At Risk Production

Mining Insights Newsletter June 2020

A Decade of Underperformance for Gold Discoveries

State of the Market: Mining Q1-2020


Indonesian state miner signs deal for 20% Vale Indonesia interest

Mining Industry Indonesia, formerly known as PT Indonesia Asahan Aluminium (Persero), struck a deal to purchase a 20% interest in nickel miner PT Vale Indonesia Tbk., Reuters reported.

The company did not disclose the transaction value, though Mining Industry Indonesia spokesperson Rendi Witular said it would be at a fair market value.

The Indonesian government recently appointed the state miner to acquire the stake, which PT Vale Indonesia was selling to comply with the country's mining regulations.

Mining Industry Indonesia said the acquisition will provide it with the raw material required to expand Indonesia's downstream nickel industry.

Vale SA owns a 59.27% stake in PT Vale Indonesia, and Sumitomo Metal Mining Co. Ltd. owns a 20.09% interest.

PT Inalum changed its name to Mining Industry Indonesia in August to differentiate its holding company function from the smelting operations, according to the newswire.