Nickel miner Vale Indonesia (INCO), which holds one of the largest nickel resources in the world, said Huaqi (Singapore) Pte Ltd had on March 9, 2023 purchased 764,000 shares in PT Kolaka Nickel Indonesia (KNI) for Rp764 billion value. This moves KNI closer to more substantial stage in the US$4.5 billion project. To subscribe please click here