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FLASH: PT Vale Indonesia marks its first nickel ore sale, strengthening global supply chain position

Source: Mysteel Mar 03, 2026 13:47
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PT Vale Indonesia Tbk (PT Vale), a subsidiary of state-owned mining holding company MIND ID, has announced its inaugural nickel ore sale from the Indonesia Growth Project (IGP) Pomalaa nickel project in Kolaka Regency, Southeast Sulawesi. This milestone signals the project's transition from construction to revenue-generating operations and further solidifies Indonesia's position in the global critical minerals supply chain.

 

As one of Indonesia's strategic national nickel industry projects, the Pomalaa development represents a total investment of approximately IDR 74.44 trillion (around US$4.43 billion). The first ore sales originate from the newly operational PB5 and PB1 pits, which together provide 4 million wet metric tons of limonite ore storage capacity, ensuring stable feedstock supply for downstream processing facilities.

 

Muhammad Asril, Director and Project Manager at PT Vale, stated that the activation of ore sales areas is crucial for maintaining production schedules and material distribution. Supported by ongoing infrastructure development, the project remains committed to operational excellence and sustainable mining practices.

 

According to current plans, by March 2026, the IGP Pomalaa site aims to achieve monthly limonite ore production of 300,000 wet metric tons (approximately 9,677 tonnes per day), while maintaining a 4 million ton buffer stock to ensure production continuity.

 

As of January 2026, overall project construction progress stood at 65.76%. The main haul road (MHR) connecting the mine to processing facilities and the port has reached 40% completion. Once finished, this critical transportation artery will enhance logistics efficiency and mitigate operational risks.

 

Written by Cora Ji, jiruyan@mysteel.com

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