PT Vale Indonesia Tbk (referred to as PT Vale or INCO), an integrated nickel mining company under Indonesia's Mining Industry Holding Company (MIND ID), announced that its 2026 Work Plan and Budget (RKAB) has been formally approved by the Ministry of Energy and Mineral Resources (ESDM) on Thursday, January 15. According to a disclosure published on the Indonesia Stock Exchange (IDX) website, this RKAB approval confirms the certainty of the company's operations and ensures the sustainability of Vale's long-term investments as part of Indonesia's nickel industry ecosystem and the global supply chain. Meanwhile, the company will once again optimize all operational and construction activities in the Sorowako, Pomalaa, and Bahodopi areas.
Vale emphasized that it prioritizes safety and will continue to comply with applicable regulatory requirements to promptly address the backlog caused by the previous temporary production halt. With the 2026 RKAB now in effect, the company will proceed with its operational and production plans in accordance with approved permits, ensuring a stable and continuous supply of raw materials for domestic processing and refining industries.
Moreover, with over five decades of operational experience in Indonesia, PT Vale stated that it remains committed to contributing to national revenue through taxes and non-tax state revenue (PNBP), creating job opportunities, maintaining social stability, strengthening the national supply chain, and fostering local business participation.
The company is also continuing to increase long-term investment in downstream nickel industries and the development of the electric vehicle (EV) value chain. In response to government initiatives, PT Vale Indonesia is actively developing low-emission technologies and enhancing advanced processing capabilities, including through high-pressure acid leaching (HPAL) projects, to strengthen the competitiveness of Indonesia's nickel industry in the global market.
Written by Cora Ji, jiruyan@mysteel.com
