Vale Indonesia (INCO) Trims 2025 Capex to $540 Million

Vale Indonesia (INCO) Trims 2025 Capex to $540 Million

INCO has slashed its capex for 2025 by $60 million as part of ongoing cost-saving initiatives that began in late 2024.

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Selasa, 22 Juli 2025 | 20:50

Bisnis.com, JAKARTA — Nickel miner PT Vale Indonesia (INCO) is cutting its capital expenditure (capex) target for this year by $60 million, from the original $600 million to $540 million, as part of ongoing cost-saving efforts.

“We’ve made some improvements, so this year’s capex can be lower than $600 million,” said INCO’s head of corporate finance & investor relations, Andaru Brahmono Adi, on Friday (18/7/2025).

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