{"id":290111,"date":"2023-11-18T13:00:07","date_gmt":"2023-11-18T06:00:07","guid":{"rendered":"https:\/\/setkab.go.id\/?p=290111"},"modified":"2023-11-20T11:59:17","modified_gmt":"2023-11-20T04:59:17","slug":"president-jokowi-welcomes-vales-divestment","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/president-jokowi-welcomes-vales-divestment\/","title":{"rendered":"President Jokowi Welcomes Vale\u2019s Divestment"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-290112\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2023\/11\/Gelar-Pertemuan-dengan-Vale-Presiden-Harap-Dukungan-untuk-Transisi-Energi-Bersih-Indonesia-Makin-Kuat-300x200-1.jpeg\" alt=\"\" width=\"300\" height=\"200\" \/><\/p>\n<p>President Joko \u201cJokowi\u201d Widodo Friday (17\/11) met with CEO of global mining company Vale Base Metal, Deshnee Naidoo at Four Seasons Hotel, San Francisco, the United States.<\/p>\n<p>During the meeting, President Jokowi expressed his appreciation for the divestment of an approximate 14 percent of share in PT Vale Indonesia to state-owned mining holding company MIND ID.<!--more--><\/p>\n<p>\u201cThrough the divestment, MIND ID will become the largest shareholder of Vale. Therefore, MIND ID and Vale Canada can together control the operation of Vale,\u201d the President said.<\/p>\n<p>The Head of State also expressed appreciation to Vale for supporting downstream efforts in Indonesia by establishing partnership with Ford and Zhejiang Huayou in developing smelter and refinery for Electric Vehicles battery in Pomalaa Block, Southeast Sulawesi province.<\/p>\n<p>\u201cIndonesia also lauds the commitment of Vale to have a partnership with Indonesia and also its stance to support Indonesia to get IRA [Inflation Reduction Act] Incentives from the USA,\u201d he added.<\/p>\n<p>The President also expressed hope that Vale can enhance its support to clean energy transition in Indonesia which emphasizes aspects of environment, social, and governance (ESG).<\/p>\n<p>\u201cThank you for Vale&#8217;s commitment to implementing ESG principles, including preserving biodiversity through the development of the Kehati Park [Biodiversity Park] in South Sulawesi, which I inaugurated at the end of March,&#8221; he remarked.<\/p>\n<p>During the meeting, President Jokowi also witnessed the signing of a master agreement between MIND ID and Vale Canada and Sumitomo Metal Mining Co. Ltd regarding the divestment of PT Vale Indonesia\u2019s share. <strong>(BPMI SETPRES\/AIT)<\/strong> <strong>(RAS\/EP)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joko \u201cJokowi\u201d Widodo Friday (17\/11) met with CEO of global mining company Vale Base Metal, Deshnee Naidoo at Four Seasons Hotel, San Francisco, the United States. During the meeting, President Jokowi expressed his appreciation for the divestment of an approximate 14 percent of share in PT Vale Indonesia to state-owned mining holding company MIND [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":290112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-290111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>President Jokowi Welcomes Vale\u2019s Divestment - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/president-jokowi-welcomes-vales-divestment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"President Jokowi Welcomes Vale\u2019s Divestment - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"President Joko \u201cJokowi\u201d Widodo Friday (17\/11) met with CEO of global mining company Vale Base Metal, Deshnee Naidoo at Four Seasons Hotel, San Francisco, the United States. During the meeting, President Jokowi expressed his appreciation for the divestment of an approximate 14 percent of share in PT Vale Indonesia to state-owned mining holding company MIND [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/president-jokowi-welcomes-vales-divestment\/\" \/>\n<meta property=\"og:site_name\" content=\"Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/id-id.facebook.com\/Setkabgoid\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-18T06:00:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-20T04:59:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2023\/11\/Gelar-Pertemuan-dengan-Vale-Presiden-Harap-Dukungan-untuk-Transisi-Energi-Bersih-Indonesia-Makin-Kuat-300x200-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:site\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-welcomes-vales-divestment\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-welcomes-vales-divestment\/\"},\"author\":{\"name\":\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\",\"@id\":\"https:\/\/setkab.go.id\/#\/schema\/person\/ccc9c04099be79c6aa9ed45cb3bf345e\"},\"headline\":\"President Jokowi Welcomes Vale\u2019s Divestment\",\"datePublished\":\"2023-11-18T06:00:07+00:00\",\"dateModified\":\"2023-11-20T04:59:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-welcomes-vales-divestment\/\"},\"wordCount\":258,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/setkab.go.id\/#organization\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-welcomes-vales-divestment\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2023\/11\/Gelar-Pertemuan-dengan-Vale-Presiden-Harap-Dukungan-untuk-Transisi-Energi-Bersih-Indonesia-Makin-Kuat-300x200-1.jpeg\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/setkab.go.id\/en\/president-jokowi-welcomes-vales-divestment\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-welcomes-vales-divestment\/\",\"url\":\"https:\/\/setkab.go.id\/en\/president-jokowi-welcomes-vales-divestment\/\",\"name\":\"President Jokowi Welcomes Vale\u2019s Divestment - 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