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%.

PT Frisian Flag Indonesia is one of the largest dairy companies in Indonesia, producing nutritious milk under the brands FRISIAN FLAG®, FRISO®, SUSU BENDERA®, and OMELA® for children and families for almost 100 years since 1922.
PT Frisian Flag Indonesia is part of one of the world's largest dairy cooperatives, FrieslandCampina, which is headquartered in the Netherlands. We employ over 2,000 employees across Indonesia and have 2 production facilities in Pasar Rebo and Ciracas, East Jakarta, that produce various dairy products to meet the nutritional needs of Indonesian families.
It all started when milk under the Friesche Vlag brand began to be imported from Cooperatve Condensfabriek Friesland, which has now become Royal FrieslandCampina, in 1922.

Husky-CNOOC Madura Limited (HCML) is a key player in Indonesia’s upstream oil and gas industry. Operating under a Production Sharing Contract (PSC) with the Indonesian government, HCML is a joint venture between Husky Oil Madura Partnership (40%), China National Offshore Oil Corporation Southeast Asia Limited (40%), and SMS Development Ltd. (20%). The company’s mission is to responsibly explore and produce hydrocarbons in the Madura Strait, contributing to national energy security and regional development.
HCML’s origins date back to 1982, with the formation of Husky Oil Madura Limited. In 2011, following a strategic partnership with CNOOC, the company was restructured and rebranded as HCML. Since then, it has focused on developing offshore gas fields, with the BD Field being its flagship project. Located approximately 65 kilometers east of Surabaya and 16 kilometers south of Madura Island, the BD Field contains significant reserves of natural gas and condensate. Its development has been instrumental in supplying clean energy to East Java and beyond.

PT Jawa Satu Power is a joint venture entity between PT Pertamina Power Indonesia ("PPI"​), Garuda Power Holdings B.V. and Sojitz Global Investment B.V. Established on December 05, 2016 as a special purpose company in running, controlling and managing the assets of Jawa-1 power plant business activities, which serves as the largest gas-fired power plant with CCGT technology in Southeast Asia.
The company runs its business professionally by upholding an effective and efficient Corporate Governance principles in order to provide continuous added values to shareholders.
PT Jawa Satu power deals with more than 20 companies involved, 3 main consortium members, 2 additional members in FSRU (PT Jawa Satu regas), 3 senior lenders (JBIC, NEXI, ADB) plus 5 commercial banks (Mizuho, MUFG, societe generale, OCBC bank, credit agricole), 3 main EPC contractors, and advisories on the financial, legal, and technical. Companies involved come from Indonesia, Japan, Korea, America, and Europe, which is connecting almost the whole continents of the globe.

PT Freeport Indonesia is a mineral mining company affiliate of Freeport-McMoRan (FCX) and MIND ID Indonesia's Mining Industry. PTFI mines and process ores produces concentrates containing copper, gold and silver. We market concentrates all over the world, and mainly to domestic copper smelter, PT Smelting. We operates in the remote highlands of the Sudirman Mountain Range in Mimika Regency, Papua Province, Indonesia
Our mines in Grasberg minerals district, Papua - Indonesia is one of the world’s largerst copper and gold deposits. We currently mining the final phase of the Grasberg open pit, which contains high copper and gold ore grades. We have been working on several projects in the Grasberg minerals district related to the development of its large-scale, long-lived, high-grade underground mines. In aggregate, these underground mines are expected to produce large-scale quantities of copper and gold following the transition from the Grasberg open pit.

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.

PT Krakatau Posco is a joint venture established in 2010 between PT Krakatau Steel (Persero) Tbk, Indonesia’s foremost state-owned steel company, and POSCO, a global steel manufacturer based in South Korea. This partnership was formed to bolster Indonesia’s domestic steel production capabilities and reduce dependence on imports. Headquartered in Cilegon, Banten, the heart of Indonesia’s steel industry, PT Krakatau Posco represents a landmark achievement in industrial collaboration between Indonesia and South Korea.
Construction of the integrated steel mill began in 2011 and reached completion within three years. By December 2013, PT Krakatau Posco commenced commercial operations, marking a significant milestone in Indonesia’s industrial development. The facility was the first in Indonesia to utilize blast furnace technology and has an initial production capacity of 3 million tons annually. Its primary products include steel slabs, plates, and hot rolled coils, which are essential to industries such as automotive manufacturing, shipbuilding, infrastructure development, and heavy construction.

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.