Q2 marks another profitable quarter in 2022

About Vale

7/29/2022

Q2 marks another profitable quarter in 2022

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PT Vale Indonesia Tbk (“PT Vale” or the “Company”, IDX Ticker: INCO) and its subsidiaries (jointly the “Group”) today announced its unaudited results for the second quarter of 2022 (“2Q22”). Profit for the 2Q22 was US$82.8 million or 22% higher than profit recorded in the previous quarter.

Our profit has remained positive in this tough commodity cycle as we are focus on our efforts to improve efficiencies and reduce costs. In addition, the Company has been benefited from the favourable nickel price environment in this quarter

Febrianny Eddy, CEO and President Director

The Company will continue to maintain its focus on improving productivity and cost efficiency to sustain competitiveness in the long term without compromising its foremost values: Life Matters Most, Respect Our Planet and Communities.


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2Q22 Quarterly Result 2Q20 Production Report 2022 Financial Statement

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Q2 marks another profitable quarter in 2022