Vale Indonesia stock: Nine-month profit surges 181%
Published on 11/11/2026 at 02:30 | Editorial responsibility: Rafael MĂĽller, Editor-in-Chief AD HOC NEWSVale Indonesia earnings improve
- PT Vale Indonesia delivered stronger nine-month earnings as revenue and nickel ore sales increased.
- Expansion projects in Pomalaa and Bahodopi remain central to the company’s operating outlook.
PT Vale Indonesia reported a sharp improvement in its first nine months of 2026, according to a Quartr earnings summary published on November 9. Net income reached 147.124 million US dollars, up 180.51 percent from the same period of 2025, while revenue rose to 896.069 million US dollars from 705.389 million US dollars.
The improvement came alongside stronger nickel ore sales and higher production at Sorowako during the third quarter. The company also reported a 16.570 million US dollar gain from derivative-asset fair-value recognition and a 2.432 million US dollar gain from the loss of control of a subsidiary, which affected the reported result.
Projects shape the outlook
Vale Indonesia’s 2026 production quota covers all proposed Sorowako operations, while the approved quota covers 30 percent of proposed volumes at Pomalaa and Bahodopi. The company has submitted a revised quota request to Indonesia’s Ministry of Energy and Mineral Resources.
Construction progress remains advanced at the growth sites. Pomalaa mine execution stood at 89 percent and is expected to be completed in 2027, while Bahodopi was 99 percent complete with completion targeted for 2026. The Furnace 3 rebuild was also 99 percent complete, and the Sorowako Limonite mine had reached 53 percent execution.
Late trading remains subdued
Vale Indonesia stock traded at 0.18 euros on Lang & Schwarz at 10:59 p.m. CET on Tuesday, November 10, 2026. The company’s Indonesian operations and project pipeline leave production quotas, nickel prices and construction execution as key factors for investors to monitor.
Indonesia nickel producer
PT Vale Indonesia mines and processes nickel in Indonesia. Its operating base is Sorowako in South Sulawesi, while Pomalaa and Bahodopi are important expansion locations. The company’s business combines existing nickel production with investments in mining, processing and related infrastructure.
Vale Indonesia at a glance
- Company: PT Vale Indonesia Tbk
- ISIN: ID1000109309
- Ticker: INCO
- Trading venue: Lang & Schwarz
- Price: 0.18 euros at 10:59 p.m. CET on Tuesday, November 10, 2026
Broader market context is available in Current market reports.
