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Soroako, also spelled Sorowako, is a small mining town in the north-east of South Sulawesi province, in the centre of Sulawesi island in Indonesia. It is the location of the Sorowako Mine , [ 1 ] which is the largest open-pit mine in Indonesia, owned by PT Vale Indonesia , a subsidiary of the Canadian based mining company Vale Inco .
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 ...
Soroako Airport is an airport in Soroako, Indonesia. In 2016, the government decided to lengthen the runway from 1,050m to 1,350m so that the airport could accommodate ATR 72s . [ 2 ]
The BUMN Untuk Indonesia ("SOEs for Indonesia") campaign was launched by the Ministry of State Owned Enterprises in April 2020; [1] this logo was introduced together with a rebranding of the Ministry and the introduction of the AKHLAK core values across all state-owned enterprises effective on 1 July 2020.
PT Berau Coal Energy also issued US$500 million worth of 7.25% guaranteed senior notes in 2017. Both the 2015 and 2017 notes are currently in default. Since July 2015, the Berau Group has brought 4 separate rounds of scheme of arrangement / moratorium proceedings, with terms which have been described as “frankly insulting” at a time when ...
After Thiess was taken over by CSR in 1980, the overseas operations including Indonesia operations were sold to Leighton Contractors. [ 2 ] [ 3 ] Thiess re-entered the Indoneasian market when Thiess Contractors Indonesia was established in 1988 and, working in a joint venture with PT Mintekindo Utama Into, started undertaking mining activities ...
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]