PT Vale Reports Production of 16,922 Metric Tonnes of Nickel Q2 2023

Dok PT Vale.

PT Vale Indonesia Tbk (“PT Vale” or the “Company”, IDX Ticker: INCO) announced that the Company has produced 16,922 metric tons (“t”) of nickel in matte in the second quarter of 2023 (“2Q23”).

CEO and President Director of the Company, Febriany Eddy said that in 2Q23 and 1H23, production volume was around 35% and 28% higher respectively. Compared to the production volume realized in 2Q22 and 1H22.

“Because we carried out the rebuilding of Furnace 4 last year,” said Febriany Eddy, Wednesday (19/7/2023).

As part of the maintenance strategy, the Company started a shutdown at Reduction Kiln 1 and Furnace 1 in June 2023. With a target for completion in July 2023.

All in all, it’s thanks to Furnace 2’s successful roof overhaul in 1T23 that increases its productivity significantly. As well as operating activities that ran smoothly, we managed to exceed our production volume target for this quarter.

“We are very proud of this achievement and thank you. We really hope that all employees in the Company can continue their hard work,” explained Febriany Eddy.

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