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PT VALE INDONESA UNSP/ADR - $PTNDY STOCK NEWS

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Vale Base Metals signs a Definitive Agreement with PT Mineral Industri Indonesia and Sumitomo Metal Mining Co., Ltd. to divest approximately 14% pro-rata combined equity interest in PT Vale Indonesia Tbk. The transaction aims to meet Indonesia's ownership requirements by December 2025, with MIND ID becoming the largest shareholder in PT Vale. VCL to receive US$160 million in cash upon closing.
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