Nickel miner Vale Indonesia (INCO) booked a net profit of US$67.6 million in the first quarter (Q1) of 2022, doubling year on year (y/y) as operating profit jumped 81% y/y to US$87 million. Compared to the previous quarter (Q4 of 2021), said profit grew 58%, mainly driven by the favorable nickel price.To subscribe please click here