This table shows the value of Vale Indonesia's ongoing projects and their progress until 2025.

PT Vale Indonesia Tbk has several ongoing projects scheduled for completion by 2025. These projects are classified as fixed assets under development.

Vale's financial reports show varying progress across these nickel mining projects.

The largest project is the Pomalaa nickel mine and smelter in Kolaka, Southeast Sulawesi. Groundbreaking commenced on Sunday, November 27, 2022.

As of March 31, 2023, the Pomalaa mining project has reached US$29.92 million (Rp451.83 billion, assuming an exchange rate of Rp15,098 per US$), with 74% completion. The project is targeted for completion in 2025.

According to *Katadata*, this project involves a US$4.5 billion (approximately Rp65.7 trillion) investment. The nickel smelter will utilize High Pressure Acid Leach (HPAL) technology to process nickel into Mix Hydroxide Precipitate (MHP), a key raw material for electric vehicle batteries.

"The estimated production capacity will reach 120,000 tons per year of MHP. This project is included in the National Strategic Projects (PSN) with an investment of Rp65.7 trillion and will be the largest HPAL smelter," said Vale's President Director, Febriany Eddy.

This smelter will not use coal-fired electricity and is projected to absorb approximately 12,000 workers for construction and operation of the mine and smelter.

Second is the preparation of the Bahodopi smelter project in Central Sulawesi. As of March 31, 2023, it has reached US$21.77 million (Rp328.81 billion) with 91% progress.

The Bahodopi mining project is third, with a similar scope. As of March 31, 2023, it has reached US$17.83 million (Rp269.27 billion) with 50% progress. All Bahodopi projects are targeted for completion in 2025.

Fourth is the preparation of the Pomalaa process plant project, currently at US$12.66 million (Rp191.231 billion) with 88% progress as of March 31, 2023. This project is targeted for completion in 2023.

Fifth is the Bahodopi mine execution project valued at US$11.95 million (Rp180.55 billion) with 52% progress as of March 31, 2023. This project is targeted for completion in 2025.

INCO (Vale Indonesia's stock code) also has projects under US$10 million. While Vale did not provide further details, the progress is estimated at 1-99% with a value of US$235.49 million (Rp3.55 trillion) as of March 31, 2023.

Here's a summary of Vale Indonesia's ongoing projects:

* Pomalaa Mining Project (74% completion, target 2025) US$29,927,000
* Bahodopi Smelter Project Preparation (91%, 2025) US$21,779,000
* Bahodopi Mining Project (50%, 2025) US$17,835,000
* Pomalaa Process Plant Project Preparation (88%, 2023) US$12,666,000
* Bahodopi Mine Execution Project (52%, 2025) US$11,959,000
* Others under US$10 million (1-99%, 2025) US$235,490,000

(See also: Nickel Sales Drive Vale Indonesia's Rp2.5 Trillion Profit in H1 2023)