PT Vale Indonesia was established by Deed No. 49 dated July 25, 1968, drawn up before Eliza Pondaag, a public notary in Jakarta. We operates under a Contract of Work, which was amended with a Special Mining Business Permit (IUPK) on May 13, 2024. The contract is valid until December 28, 2035, and the concession covers an area of 118,017 Ha covering South Sulawesi (70,566 hectares), Central Sulawesi (22,699 hectares) and Southeast Sulawesi (24,752 hectares).
In producing nickel in the Sorowako Block, we use pyro metallurgical technology (in melting the laterite nickel ore). The Company mines laterite nickel ore and processes it into the final product of nickel in matte.
The Company also continues its plan to developing integrated mining practices through the Indonesia Growth Project (IGP) in Morowali Regency, Central Sulawesi, and in Kolaka Regency, Southeast Sulawesi. The development project also targets existing operational locations, in East Luwu Regency, South Sulawesi.
As the two largest shareholders, MIND ID (PT Mineral Industri Indonesia) and Vale Canada Limited (VCL) jointly control PT Vale Indonesia Tbk. MIND ID holds the largest share in the company at 34.00%, while VCL holds approximately 33.88%.

Bank Syariah Nasional is a sharia-based financial institution that represents a new chapter in Indonesia’s banking industry. Established on October 2, 2025, the bank operates as a subsidiary of Bank Tabungan Negara and is headquartered at Menara Bank BTN, Jakarta. The institution was created to strengthen the presence of Islamic banking in Indonesia, offering financial services that comply with sharia principles while addressing the needs of both individual and business customers. Its foundation reflects the growing demand for ethical and faith-based financial solutions in the country, positioning itself as a trusted partner for communities seeking transparency, fairness, and inclusivity in financial transactions.

PT Guohua Taidian Pembangkitan Jawa Bali (GHPJB) is an Operation and Maintenance Services Company dedicated to the Jawa 7 Coal-fired Power Plant. It was established on September 23, 2016, with investment from China Energy Investment Group Co., Ltd. and PT Pembangkitan Jawa Bali, a subsidiary of PT PLN (Persero).
The company’s office is located at Jl. Bojonegara, Desa Terate, Kec. Kramatwatu, Serang, Banten, 42161. By 2019, it became the first 2x1050 MW Ultra-Supercritical Power Plant in Indonesia.
GHPJB relies on advanced power production management and full integration with Indonesian culture to build an international first-class coal-fired power plant. With a team of highly qualified international talents, the company is committed to providing safe, reliable, efficient, and environmentally friendly energy to support Indonesia’s social and economic development.

PT Pertamina Training & Consulting (PTC) is a subsidiary of PT Pertamina (Persero), Indonesia’s state-owned oil and gas company. Established in 1999 under the name PT Patra Tridaya, the company officially began its operations in 2002. PTC was formed to support Pertamina’s strategic objectives in human resource development and operational excellence. Over the years, PTC has evolved into a multifaceted service provider offering a wide range of solutions in training, consulting, manpower supply, security services, event management, and competency assessment. Its role within the Pertamina Group is to ensure that the workforce and organizational systems are aligned with global standards and capable of supporting the dynamic needs of the energy sector.

PT Reska Multi Usaha, also known as KAI Services, is a subsidiary of PT Kereta Api Indonesia (Persero) established in 2003 with more than two decades of experience. The company was founded to implement and support the policies and programs of PT Kereta Api Indonesia (Persero) as the parent company, particularly in the railway restaurant business and other related services. PT Reska Multi Usaha operates in three core business areas: On Board Services, which include Sales On Train, On Train Cleaning, and Passenger Amenities; Integrated Facility Services, which consist of Security, Parking, Cleaning Service, and Outsourcing; and Commercial Services, which cover Restaurant, General Service, Cafe, and Catering.

PT Saptaindra Sejati (SIS) is one of Indonesia’s leading mining contractors, specializing in coal mining services. As a subsidiary of PT Alamtri Resources Indonesia Tbk (formerly known as PT Adaro Energy Indonesia Tbk), SIS plays a crucial role in supporting Adaro’s mining operations by providing a broad range of services, including contract mining, civil works, infrastructure development, and land logistics. Over the years, SIS has developed a strong reputation for its expertise, efficiency, and commitment to safety in the mining industry.
SIS was established to meet the growing demand for reliable mining services in Indonesia. With its headquarters in Jakarta, the company operates across various mining sites throughout the country. SIS has continuously expanded its operations, investing in advanced technologies, modern equipment, and workforce training to ensure optimal efficiency in coal extraction. Through strategic planning and engineering solutions, SIS has contributed significantly to Indonesia’s coal industry, ensuring the smooth transportation and production of coal for domestic and international markets.

PT Patra Drilling Contractor (PDC) is a national company in Indonesia that specializes in providing drilling services for the oil and gas industry. Established on September 11, 1981, PDC was the first Indonesian company to offer offshore drilling services, marking a significant milestone in the country’s energy sector. Headquartered in Jakarta, PDC has grown into a reputable service provider with a workforce ranging from 1,001 to 5,000 employees. Over the years, the company has expanded its capabilities to include onshore drilling support, auxiliary well services, and integrated support functions such as catering and logistics.

A new chapter in the history of Bank Indonesia as an independent central bank was ushered in on 17th May 1999 when the Bank Indonesia Act (No. 23 of 1999) was enacted, which has subsequently been amended by Act No.6 of 2009. The BI Act confers status and position as an independent state institution, free from interference by the Government and/or other parties, unless explicitly stipulated in prevailing laws.
In accordance with the BI Act, Bank Indonesia is a fully autonomous state institution in terms of formulating and implementing its duties and responsibilities. Furthermore, Bank Indonesia has a duty to reject or disregard any attempt of intervention or interference by any party, while external parties have no grounds or justification to interfere with task implementation at Bank Indonesia.
The special status and position conferred are necessary to ensure Bank Indonesia can effectively and efficiently implement its role and function as the monetary authority.