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20231017_INCO_Laporan Informasi dan Fakta Material_31459458_lamp3.pdf
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PT Vale releases third quarter 2023 Production Report
Jakarta, October 17th, 2023 – PT Vale Indonesia Tbk ("PT Vale" or the "Company", IDX
Ticker: INCO) made an announcement today regarding its production in the third quarter of
2023 ("3Q23"). During this period, the Company successfully produced 17,953 metric tons
("t") of nickel in matte.
Febriany Eddy, the CEO and President Director of the Company, attributed this positive
outcome to the maintenance strategy implemented. “The major planned maintenance
activities were successfully completed in the first half of 2023. Combined with good reliability
of the Company's assets, they contributed to a 6% higher production in 3Q23 compared to
2Q23.”
Production Highlights
3Q23 2Q23 3Q22 9M23 9M22
Nickel in matte production (t) 17,953 16,922 17,513 51,644 43,907
In comparison to the production in the nine months of 2022 ("9M22"), the production in the
same period of 2023 ("9M23") has shown a growth of approximately 18%. This increase can
be attributed to the successful return of Furnace 4 to its optimum performance after
undergoing rebuilding last year.
We remain optimistic about meeting our 2023 full year production target of around 70,000 t.
For further information, please contact:
Bernardus Irmanto, Chief Financial Officer
ptvi.investorrelation@vale.com
or visit our website at
www.vale.com/indonesia
PT Vale Indonesia Tbk
Jakarta: Sequis Tower, 20th Floor, Unit 6 & 7, Jl. Jend. Sudirman Kav. 71, Jakarta 12190, Indonesia. T.(62) 21 524 9000
F.(62) 21 524 9020
Makassar: Jl. Somba Opu No. 281, Makassar 90113, Indonesia. T.(62) 411 366 9000 F.(62) 411 366 9020
Sorowako: Main Office Plant Site Sorowako, Luwu Timur 92984, Indonesia. T.(62) 475 332 9100 F.(62) 475 332 9575
www.vale.com/indonesia
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