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  Our Journey

1937
  • The visit of Inco's geologist
    A geologist from Canada-based Inco Limited, Flat Elves, was invited by a Dutch exploration company to study the nickel laterite formation in Sulawesi. He then visited Sorowako.
    The visit of Inco's geologist
1968
  • Exploration started

    Exploration and feasibility studies commenced     		Image
    Exploration started
  • The birth of PT Inco
    PT International Nickel Indonesia (PT Inco or PTI) was officially established as a subsidiary company of Inco Limited.
    The birth of PT Inco
    July 25, 1968
  • First Contract of Work (CoW)

    PT Inco signed the 1st Contract of Work (CoW) with the Government of Indonesia that granted us mining rights in the provinces of South, Southeast and Central Sulawesi for 30 years, effective from its first commercial production (April 1, 1978 - to March 31, 2008). Exploration and feasibility studies commence.     		Image
    First Contract of Work (CoW)
    July 27, 1968
1970
  • First samples shipped to Ontario

    A shipment of 50 tons of iron ore samples were sent to Inco's research facilities at Port Colborne, Ontario.     		Image
    First samples shipped to Ontario
1973
  • Construction starts and accomplished five years later

    Some 10,000 Indonesians along with around 1,000 overseas workers constructed the Sorowako's mining facilities, processing plant, roads, town, port, airport, and the required infrastructures     		Image
    Construction starts and accomplished five years later
1977
  • Inauguration of Sorowako facilities and plant

    Then President Soeharto visited Sorowako in South Sulawesi to officially inaugurate our mining facilities and nickel processing plant.     		Image
    Inauguration of Sorowako facilities and plant
    March 31, 1977
1978
  • First commercial production
    After 10 years of hard works, our Sorowako plant recorded its first commercial production.
    First commercial production
    April 1, 1978
  • 165-MW Larona in operation

    Then Minister of Energy and Mineral Resources, Subroto, inaugurated the 165-megawatt Larona hydro power plant – out first power plant.     		Image
    165-MW Larona in operation
    November 4, 1978
1987
  • Profitable Company
    Due to low nickel prices at the time the company suffered losses until mid 1980s. In 1987, became a profitable company.
    Profitable Company
1990
  • Go Public
    Inco Limited sold its 20% stake at PTI to the Indonesian public through the Indonesia Stock exchanges.
    Go Public
    May 16, 1990
1991
  • From 80 to 100 million pounds

    PTI boost up its annual nickel production from 80 million pounds to 100 million pounds.    		 Image
    From 80 to 100 million pounds
1996
  • First Extension of CoW
    PTI signed its first modification and extension of its CoW with the Government of Indonesia that granted us mining rights until 2025 at the three provinces.
    First Extension of CoW
    January 15, 1996
1998
  • 110-MW Balambano in operation

    PTI officially operated its 2nd hydro power plant, Balambano, with a capacity of 110 megawatt.    		 Image
    110-MW Balambano in operation
2000
  • From 100 to 130.5 million pounds
    As part of its plan to further raise annual production capacity to 150 million pounds, PTI proudly declared its 30% increase of production to 130.5 million tons a year.
    From 100 to 130.5 million pounds
2003
  • Padma Community Development Award

    Then President Megawati Soekarnoputri presented the prestigious Padma Community Development Award to PTI along with 20 other energy and mineral resources companies for their significant contribution to the local communities.    		 Image
    Padma Community Development Award
  • Petea Block
    The company started the development of its new mining area in Petea.
    Petea Block
2005
  • Bag House system
    As part of our efforts to constantly reduce emission, the first Bag House technology system was installed at Furnace No. 4.
    Bag House system
2011
  • One Vale Go Live

    The One Vale (ERP system implementation) went live smoothly to help enable the integration and standardization of business processes into a global business process solution across Vale.    		 Image
    One Vale Go Live
    July 4, 2011
  • From PTI to PT Vale Indonesia Tbk
    The general meeting of shareholders (RUPSLB) approved the name change of the company from PTI to PT Vale Indonesia Tbk., as a result of the 2006 acquisition of a 60.8 percent of stake in the Inco Limited of Canada by Companhia Vale do Rio Doce (CVRD) of Brazil.
    From PTI to PT Vale Indonesia Tbk
    September 27, 2011
  • 90-MW Karebbe in operation

    CEO Vale Murilo Ferreira visited Sorowako and witnessed the operation of the 90-MW Karebbe hydro power plant.    		 Image
    90-MW Karebbe in operation
    October 12, 2011
2012
  • Grand launching
    Vale Indonesia brand
    Grand launching Vale Indonesia brand
    January 24, 2012
1937
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