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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 Inco , a subsidiary of the Canadian based mining company Vale Inco .
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 ...
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 ...
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 ...
Arutmin Indonesia (Arutmin) from BHP Minerals Exploration Inc, and PT Kaltim Prima Coal from (British Petroleum (BP) and Rio Tinto, in 2003. [ 7 ] In 2007, Forbes Asia estimated the Bakrie family had $5,4 billion in wealth, however after the 2008 financial crisis it dropped to only $850 million as Bakrie Group companies were heavily affected by ...
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.
In 1987, the company was registered under the name PT Siantar Top Industri based on deed No. 45 dated May 12, 1987 from Endang Widjajanti, notary in Sidoarjo. [5] In 1991, the company began producing candy variants. The company expanded its business by operating other three factories in Medan (1998), Bekasi (2002), and Makassar (2011). In ...
It is operated by PT Indonesia Morowali Industrial Park. [7] There were reportedly 18 companies operating at IMIP with a total investment of USD 15.3 billion in October 2022, with the park's management predicting 40 companies by 2025. [8] The park's estimated total capacity for stainless steel production was 3 million metric tonnes per year in ...