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Most of Soroako's residents work as employees for the mining company PT. Vale Indonesia, Tbk. [2] (before PT. Inco). They come to Soroako from all over Indonesia. The rest of the population work primarily as farmers or fishermen. In the mountain side on the west side of town there is a natural cave that remains largely unexplored.
On March 30, 2023, PT Vale Indonesia Tbk and China’s Zhejiang Huayou Cobalt Co. announced a collaboration with global automaker Ford Motor Co. for a HPAL project, which aims to enhance sustainable nickel production in Indonesia, with the resulting nickel products being integrated into Ford's battery raw material supply chain. [10]
The Sorowako mine is a large open pit lateritic nickel mine in the east of Indonesia in the Verbeek Mountains of Sulawesi (the Celebes). [2] It lies just south of Lake Matano . As of 2023, Sorowako is one of the largest nickel mines in the world [ 3 ] with proven and probable nickel reserves of 107 million tonnes of ore grading 1.70% nickel ...
Vale Inco's Indonesian joint venture PT Vale Indonesia Tbk, an Indonesian company which is 20 percent publicly owned , is located in Soroako. In August 2011, a dispute began because PT Inco broke its promise to build 2 smelters in Pomala and Bahodopi in 2005 and 2010 respectively, and to hand over 50,000 hectares of its 118,000-hectare ...
The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family holds majority ownership. Its assets include Indofood Sukses Makmur, [a] the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. [1]
PT Semen Indonesia (Persero) Tbk (known as SIG) is a state-owned holding company providing building material solutions. The company has 17 subsidiaries located in Indonesia and Vietnam . With a market reach to Asia , Australia and Oceania , the company's main business is in the cement sector and its derivative products such as concrete , mortar ...
Energi Mega Persada (“ENRG”) a company focused on developing and exploring the upstream oil and gas in Indonesia was founded. [6] Bakrie Group also acquired 80% of the coal mining company PT. Arutmin Indonesia (Arutmin) from BHP Minerals Exploration Inc, and PT Kaltim Prima Coal from (British Petroleum (BP) and Rio Tinto, in 2003. [7]
Astra International, Tbk. is an Indonesian conglomerate [1] controlled by Jardine Cycle & Carriage. It was founded in 1957 by Tjia Kian Tie, Liem Pen Hong with the name of PT Astra International Incorporated.