Nickel miner INCO sets aside $216 million for investment
Nickel miner PT Vale Indonesia, whose shares are traded on the bourse under the code INCO, is planning to spend up to US$216 million to support its business this year.
Tag Archives: INCO
Indonesia’s Vale says willing to increase mining royalty payments
(Reuters) – Vale’s Indonesia unit (INCO.JK), the largest nickel producer in the country, is willing to increase its royalty payments in a renegotiated contract with the government, Chief Executive Nicolaas Kanter said on Friday.
http://www.reuters.com/article/2012/09/21/us-indonesia-mining-vale-idUSBRE88K0LJ20120921
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Vale INCO’s Nickel Carbonyl Process proved the best for New Caledonian Laterite project in the 70s
Based on Inco process research at Toronto and Port Colborne involving more than 200 technical personnel over the last two and a half years, a comprehensive plan has been drawn up to produce an annual 100 million pounds of refined nickel from previously unexploited lateritic ores in New Caledonia.
http://www.sudburymuseums.ca/triangle/data/INCOTriangle-19700701.pdf
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