PT Inco is one of the world’s premier producers of nickel.

A versatile metal, which is important in improving living standards and fostering economic growth.

For more than three decades, since the signing of its Contract of Work with the Indonesian Government in 1968, the Company has provided skilled jobs, shown concern for the needs of the communities in which it operates, benefited shareholders and contributed positively to the Indonesian economy.

PT Inco produces nickel in matte, an intermediate product, from lateritic ores at its integrated mining and processing facilities near Sorowako on the island of Sulawesi. Its entire production is sold in US Dollars under long-term contracts for refining in Japan. PT Inco’s competitive strengths include abundant ore reserves, a skilled, well-trained workforce, low-cost hydroelectric power, modern production facilities and an assured market for its product.

The Company is owned 60.8 percent by Vale Inco of Canada, one of the world’s leading nickel producers, and 20.1 percent by Sumitomo Metal Mining Co., Ltd. of Japan, a premier mining and smelting company. In addition, 20.0 percent of PT Inco’s shares are owned by public shareholders and the balance by four other Japanese companies.