Nickel miner Vale Indonesia (INCO) booked a net profit of US$82.8 million in 2020; it grew 45.6% from US$57.4 million in 2019. EBITDA reached US$273 million, mainly driven by higher production and shipments of nickel and cost-efficiency. Profit before tax reached US$104.6 million, grew 16.8% year on year (y/y).

To subscribe please click here