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Source: https://www.mining.com/web/indonesian-miner-completes-20-stake-buy-in-vale-unit/
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Indonesia’s state miner Mining Industry Indonesia (MIND ID), formerly known as PT Inalum, completed its purchase of a 20% stake in nickel miner PT Vale Indonesia, the country’s state- owned enterprises ministry said on Thursday.
MIND ID bought the 20% stake at 2,780 rupiah per share, totaling to 5.52 trillion rupiah ($375.77 million), the ministry said in a statement.
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Indonesia’s state miner Mining Industry Indonesia (MIND ID), formerly known as PT Inalum, completed its purchase of a 20% stake in nickel miner PT Vale Indonesia, the country’s state- owned enterprises ministry said on Thursday.
MIND ID bought the 20% stake at 2,780 rupiah per share, totaling to 5.52 trillion rupiah ($375.77 million), the ministry said in a statement.
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