MIND ID and Local Government Collaborate for Sustainable Development of PT Vale in Pomalaa
MIND ID reaffirmed its support for the Indonesia Growth Project (IGP) Pomalaa during a visit to PT Vale's project site, emphasizing investment certainty and sustainable practices. This collaboration aims to enhance Indonesia's position in the global electric vehicle supply chain through strategic mineral downstreaming.
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MIND ID, the holding company for Indonesia's mining industry, has committed to advancing the Indonesia Growth Project (IGP) in Pomalaa. This initiative was reinforced by a recent visit from MIND ID's Commissioner and President Director to PT Vale Indonesia's site in Kolaka, Southeast Sulawesi, involving local government and security stakeholders to ensure the project aligns with national strategic goals.
The partnership aims to create a conducive investment climate while safeguarding community and environmental interests. The project includes a joint venture between PT Vale and global partners to establish a High Pressure Acid Leach facility, with an expected annual capacity of 120,000 tons of nickel and 15,000 tons of cobalt.
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