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INCO - Vale Indonesia

INCO – Share divestment transaction completed

03 July 2024

INCO – Share divestment transaction completed The divestment of 14% of Vale Indonesia (INCO) shares by MIND ID from Vale Canada Limited and Sumitomo Metal Mining has been completed on June 28, 2024. Through the divestment process, MIND ID officially holds 34% of INCO's total shares, which is part of the obligation to extend the operating license for 10 years until 2035 through IUPK. INCO has received the IUPK on May 3, 2024. (Source : Investor Daily)

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