MEDIA-Vale Indonesia allocates $580 million in capital expenditure - Bisnis.com citing director

JAKARTA, May 5 -

* Nickel miner PT Vale Indonesia allocated $580 million in capital expenditure this year, its director said in a press conference on Friday.
* The allocation included spending for its two smelter projects in the regions of Bahodopi and Pomalaa on Sulawesi island. -- Source link: -- Note: Reuters has not verified this story and does not vouch for its accuracy

($1 = 14,670.0000 rupiah) (Reporting by Stanley Widianto)

Reuters

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MEDIA-Vale Indonesia allocates $580 million in capital expenditure - Bisnis.com citing director

By Reuters

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