Investment Minister Extends Vale Indonesia’s Mining License for 20 Years

Indonesian Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif announced that the government officially extended the work agreement with PT Vale Indonesia Tbk. (IDX: INCO) in the form of a special mining business permit (IUPK). Arifin explained that the extended license will be valid for the next 20 years after the current contract expires […]