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ForeignBrazil Mining 825 million Vale Indonesia continues to struggle to achieve a return on its South Sulawesi nickel mine while at the same time realizing its plans to build a smelter The group has said it is still waiting for a positive environmental impact statement Amdal to allow it go ahead with the 2 billion smelter plan.
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Read NowIn January 2014 Vale unveiled a plan to spend up to 2 billion to expand its nickel smelter in Sorowako South Sulawesi and build a refinery in Bahadopi Southeast Sulawesi Vale made its debut into the Indonesian business world in 2006 by taking over the shares of International Nickel Indonesia INCO from its Canadian parent company 41.
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