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Profile

PT INCO Profile

Profile PT INCO Profile

PT. Inco is one of the world’s premier producers of nickel, a versatile metal which is important to improved living standars and economic growth. For more than three decades, since the signing of its Contract of work with the Indonesian Government in 1968, the Company has provided skilled jobs, shown concern for the needs of the communities in which it operates, benefited shareholders and contributed positively to the Indonesian economy.

PT. Inco produces nickel in matte, an intermediate product, from lateritic ores at its integrated mining and processing fasilities near Soroako on the island of Sulawasi. Its entire production is sold in U.S. Dollars under longterm contracts for refining in Japan. PT. Inco’s competitive strengths include abundant ore reserves, a skilled, well-trained workforce, low-cost hydroelectric power, modern production fasilities and an assured market for its product.

The Company is owned 58.7 per cent by Inco Limited of Canada, one of the world’s leading nickel producers, and 20.1 per cent by Sumitomo Metal Mining Co., Ltd of Japan, a premier mining and smelting company. In addition, 20.0 per cent of PT. Inco’s shares are owned by public shareholders and the balance by four other Japanese companies.

and the balance by four other Japanese companies. PT. Inco adalah salah satu produsen utama nickel

PT. Inco adalah salah satu produsen utama nickel di dunia. Nickel adalah logam serba guna yang penting bagi taraf hidup yang semakin membaik dan bagi pertumbuhan ekonomi. Selama lebih dari tiga dekade sejak kontrak karya ditandatangani dengan Pemerintah Republik Indonesia pada tahun 1968, perseroan telah menyediakan pekerajaan yang membutuhkan keterampilan, memperlihatkan kepedulian terhadap kebutuhan masyarakat dimana perseroan beroperasi, memberikan keuntungan bagi para pemegang saham dan memberi sumbangan yang positif kepada ekonomi Indonesia.

PT. Inco menghasilkan nickel dalam matte, yaitu product setengah jadi, dari bijih laterit di fasilitas pertambangan dan pengolahan yang terpadu dekat Soroako, Sulawesi. Keseluruhan produksinya dijual dalam Dollar Amerika Serikat berdasarkan kontrak-kontrak jangka panjang untuk dimurnikan di Jepang. Daya saing PT. Inco terletak pada cadangan bijih dalam jumlah besar, tenaga kerja yang terampil dan terlatih baik, listrik tenaga air berbiaya rendah, fasilitas produksi yang modern dan pasar yang terjamin untuk produknya.

Saham perseroan sebanyak 58,7 persen dimiliki oleh Inco Limited, Kanada, salah satu produsen nickel terkemuka di dunia dan 20,1 persen oleh Sumitomo Metal Mining Co., Ltd., jepang, sebuah perusahaan tambang dan peleburan yang utama. Disamping itu, 20,0 persen saham PT Inco dimiliki oleh pemegang saham publik dan sisanya oleh empat perusahaan jepang lain.

PT INCO Annual Report 2000

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Mission

Mission

Mission Mission

PT. Inco will grow profitably as a reliable and the lowest cost primary nickel producer in the world.

We are committed to:

Our employees by ensuring that their work is safe, healthy and rewarding. Our customers by meeting our obligations with respect to the quality, cost and delivery of our processes and products. Our investors through our objective of sustainable, long-term earnings growth. The public through responsible corporate
Our investors through our objective of sustainable, long-term earnings growth. The public through responsible corporate citizenship and environmental stewardship.Our customers by meeting our obligations with respect to the quality, cost and delivery of our

corporate citizenship and environmental stewardship. Misi PT. Inco akan tumbuh secara menguntungkan sebagai

Misi

PT. Inco akan tumbuh secara menguntungkan sebagai penghasil nickel primer yang dapat diandalkan dan berbiaya terendah di dunia.

Kami memiliki komitmen kepada:

Karyawan kami, dengan memastikan bahwa tempat kerja mereka aman, sehat dan memberi imbalan yang baik. berbiaya terendah di dunia. Kami memiliki komitmen kepada: Pelanggan kami, dengan memenuhi kewajiban kami yang
Karyawan kami, dengan memastikan bahwa tempat kerja mereka aman, sehat dan memberi imbalan yang baik.

Pelanggan kami, dengan memenuhi kewajiban kami yang berkenaan dengan mutu, biaya dan pengiriman dari pengolahan dan produk kami. kerja mereka aman, sehat dan memberi imbalan yang baik. Masyarakat, dengan menjadi warga negara yang bertanggung

Masyarakat, dengan menjadi warga negara yang bertanggung jawab serta menangani lingkungan hidup dengan baik.mutu, biaya dan pengiriman dari pengolahan dan produk kami. Penanaman modal, melalui sasaran kami terhadap pertumbuhan

Penanaman modal, melalui sasaran kami terhadap pertumbuhan keuntungan yang berkesinambungan dan jangka panjang.

PT INCO Annual Report 2000

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Contract of Work

Contract of Work Contract of Work July 25th, 1968 : PT INCO was incoorporate under the

Contract of Work

July 25th, 1968 : PT INCO was incoorporate under the Indonesian Law on Foreign Capital Investment no. 1, : PT INCO was incoorporate under the Indonesian Law on Foreign Capital Investment no. 1, 1967

July 27th, 1968 : Contract of Work (COW) signed for 30 years since comercial production on April 1st, : Contract of Work (COW) signed for 30 years since comercial production on April 1st, 1978 to March 31st, 2008

January 15th, 1996 : Modification and Extension of COW signed for another 30 years through 2025 : Modification and Extension of COW signed for another 30 years through 2025

Extension of COW signed for another 30 years through 2025 Kontrak Karya 1978 sampai 31 Maret

Kontrak Karya

1978 sampai 31 Maret 2008COW signed for another 30 years through 2025 Kontrak Karya 25 27 Juli 1968 : PT

25

27

Juli 1968 : PT Inco berdiri sesuai Undang - Undang PMA nomor 1 tahun 1967

Juli 1968 : Kontrak Karya ditandatangani dan berlaku 30 tahun sejak produksi komersil 1 April

mulai tanggal 29 Desember 1995 sampai 28 Desember 2025dan berlaku 30 tahun sejak produksi komersil 1 April 15 Januari 1996 : Perubahan dan perpanjangan

15

Januari 1996 : Perubahan dan perpanjangan Kontrak Karya ditandatangani dan berlaku 30 tahun

PT INCO Annual Report 2000

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Area

Contract Area

Area Contract Area
Area Contract Area PT INCO Annual Report 2000 email to Erlina Yuliarti for your comments and
Area Contract Area PT INCO Annual Report 2000 email to Erlina Yuliarti for your comments and

PT INCO Annual Report 2000

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History

History

History History

[

1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ] [ 1978 ]

[

1988 ] [ 1990 ] [ 2000 ]

1968

- 1973

Exploration and feasibility studies

1973

- 1978

Constructions of the mining and plant facilities

1978

- 1986

Commercial production (financial loss of US$ 416 million)

1987

- 2000

Profitable company

1988 - 1991

Expansion from 80 milion to 100 milion pound/year Go Public 20%

1993 - 1995

Negotiation of modification and extension of COW January 1996 Modification and extension of COW signed

1996 - 1999

Fourth Line Expansion project include Balambano 93 MW to increase capacity by 50% to 150 milion pound/year

Investment since 1968 to 2000 : US$ 2,2 billion

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Public Relation

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1901

Brief of History 1901

1901 Brief of History 1901

[

1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

[ 1977 ] [ 1978 ] [ 1988 ] [ 1990 ] [ 2000 ] 1901

1901 Nickel is first discovered by a Dutchman named Kruyt during his study of the iron ores in the Verbeek mountains of Sulawesi.

Nikel mula-mula ditemukan oleh seorang Belanda bernama Kruyt pada saat meneliti bijih besi di pegunungan Verbeek, Sulawesi.

PT INCO 25 years of progress 1968 - 25 July 1993

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1937

Brief of History 1937

1937 Brief of History 1937

[

1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

[ 1977 ] [ 1978 ] [ 1988 ] [ 1990 ] [ 2000 ] Nickel

Nickel Laterit

1937 An INCO LIMITED geologist named Flat Elves is invited by a Dutch Exploration company to further study the Sulawesi nickel laterite deposits. He visits Soroako.

Seorang ahli geologi INCO LIMITED bernama Flat Elves diundang oleh sebuah perusahaan eksplorasi Belanda untuk melanjutkan studi endapan nikel laterit di Sulawesi. Ia mengunjungi Soroako.

PT INCO 25 years of progress 1968 - 25 July 1993

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1966

Brief of History 1966

1966 Brief of History 1966

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1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

[ 1977 ] [ 1978 ] [ 1988 ] [ 1990 ] [ 2000 ] 1966

1966 A fully comprehensive geological survey of the Sulawesi deposits is undertaken by the Government of Indonesia.

Survei geologi yang mendalam atas endapan di pulau Sulawesi dilakukan oleh Pemerintah Republik Indonesia.

PT INCO 25 years of progress 1968 - 25 July 1993

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1967

Brief of History 1967

1967 Brief of History 1967

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1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

1967 The government invites companies from around the world to submit proposals to explore and develop Sulawesi mineral deposits.

Pemerintah mengundang perusahaan-perusahaan dari seluruh dunia untuk mengajukan proposal bagi explorasi dan pengembangan endapan mineral di pulau Sulawesi.

INCO LIMITED sends a team of geplogists to Sulawesi to gather data and to explain INCO capabilities.

INCO LIMITED mengirim tim ahli geologi ke Sulawesi untuk mengumpulkan data dan menjelaskan kemampuan-kemampuan INCO.

PT INCO 25 years of progress 1968 - 25 July 1993

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1968

Brief of History 1968

1968 Brief of History 1968

[

1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

[ 1977 ] [ 1978 ] [ 1988 ] [ 1990 ] [ 2000 ] 1968

1968 In January, INCO is selected from a short list of six companies to negotiate a Contract of Work.

Pada bulan Januari, INCO terpilih dari enam perusahaan untuk merundingkan sebuah Kontrak Karya.

July 25, Articles of Association are approved and registered, officially establishing a new company, P.T. Internasional Nickel Indonesia (P.T. INCO).

25 Juli, Akta Pendirian disahkan dan didaftarkan. Sebuah perusahaan baru,

P.T. Internasional Nickel Indonesia (P.T. INCO), berdiri secara resmi.

July 27, the Contract of Work is signed between the government of Indonesia and P.T. INCO.

27 Juli, Kontrak Karya ditandatangani oleh Pemerintah Republik Indonesia

dan P.T. INCO.

Full scale exploration begins immediately with the signing of the Contract of Work. P.T. INCO was originally granted an area of 6.6 million hectares, covering parts of three of the four provinces on the Island of Sulawesi : South Sulawesi, Central Sulawesi, and South East Sulawesi. Kegiatan eksplorasi berskala penuh dimulai segera setaelah penandatanganan Kontrak Karya. Daerah explorasi mula-mula seluas 6,6 juta hektar yang mencakup beberapa bagian dari tiga propinsi di Sulawesi, yaitu Sulawesi Selatan, Sulawesi Tengan, dan Sulawesi Tenggara.

Sulawesi Selatan, Sulawesi Tengan, dan Sulawesi Tenggara. Water buffalo and horses were used to transport exploration

Water buffalo and horses were used to transport exploration supplies

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1968

1968 Bulk Sampling near Soroako Test drilling in the Pomalaa area effectively begins the process of

Bulk Sampling near Soroako

Test drilling in the Pomalaa area effectively begins the process of technology transfer as INCO LIMITED geologists started to teach their Indonesian counterparts how to systematically sample and evaluate the lateritic deposits.

Tes pemboran di daerah Pomalaa merupakan awal alih teknologi yaitu ketika ahli-ahli geologi dari INCO LIMITED mulai mendidik rekan-rekan kerjanya dari Indonesia bagaimana secara sistematis mengambil contoh endapan laterit dan menganalisanya.

PT INCO 25 years of progress 1968 - 25 July 1993

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1970

Brief of History 1970

1970 Brief of History 1970

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1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

[ 1977 ] [ 1978 ] [ 1988 ] [ 1990 ] [ 2000 ] Former

Former PT INCO, P. Jessup (centre) inspect the Soroako in 1970

1970 The first bulk sample, 50 tons, of Sulawesi ore is delivered to INCO Canada's research facilities in Port Colborne, Ontario. A new Reduction Smelting pilot plant demontrates that the Soroako material can be successfully processed.

Contoh bijih dari Sulawesi dalam jumlah besar pertama sebanyak 50 ton dikirim ke fasilitas riset INCO Kanada di Port Colborne, Ontario. Sebuah pabrik Pereduksi-Pelebur baru dalam skala kecil menunjukkan bahwa bahan dari Soroako dapat diolah dengan hasil yang baik.

PT INCO 25 years of progress 1968 - 25 July 1993

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1971

Brief of History 1971

1971 Brief of History 1971

[

1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

[ 1977 ] [ 1978 ] [ 1988 ] [ 1990 ] [ 2000 ] Nickel

Nickel Laterite

1971 Sufficient exploration is done to indicate that laterite deposits near Soroako are capable of supporting a major nickel plant.

Eksplorasi yang dilakukan telah cukup guna memastikan bahwa endapan laterit di sekitar Soroako mampu mendukung pabrik nikel yang besar.

PT INCO 25 years of progress 1968 - 25 July 1993

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1973

Brief of History 1973

1973 Brief of History 1973

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1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

1973 Construction of a single pyrometallurgical processing line begins at the Soroako Site.

Pembangunan satu jalur pengolahan pyrometalurgi dimulai di Soroako.

PT INCO 25 years of progress 1968 - 25 July 1993

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1974

Brief of History 1974

1974 Brief of History 1974

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1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

[ 1977 ] [ 1978 ] [ 1988 ] [ 1990 ] [ 2000 ] Larona

Larona Hydroelectric Plant

1974 In reaction to the first oil price shock a decisions is made to move from thermal to hydroelectic power generation. The smelter is tripled in size to reduce unit costs and to match the hydroelectric plant.

Sebagai reaksi atas lonjakan harga minyak yang pertama, diambil keputusan untuk mengganti Pembangkit Listrik Tenaga Uap menjadi Pembangkit Listrik Tenaga Air (PLTA). Ukuran pabrik peleburan ditingkatkan tiga kali untuk mengurangi biaya per satuan dan mengimbangi PLTA tersebut.

PT INCO 25 years of progress 1968 - 25 July 1993

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1976

Brief of History 1976

1976 Brief of History 1976

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1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

1976 10,000 Indonesians and 1,000 expatriates are employed to build the nickel processing facility, and the power generating plant facility, along with roads, townsites, port facilities, airports and other infrastructural requirements.

10.000 tenaga kerja Indonesia dan 1.000 tenaga asing dipekerjakan membangun fasilitas-fasilitas pengolahan nikel dan pembangkit tenaga, bersama dengan jalan-jalan, perkotaan, pelabuhan, lapangan udara dan prasarana lainnya yang dibutuhkan.

PT INCO 25 years of progress 1968 - 25 July 1993

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1977

Brief of History 1977

1977 Brief of History 1977

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1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

] [ 1977 ] [ 1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

1977 March 31, President Soeharto travels to Soroako and officially dedicates the nickel mining and processing facilities.

31 Maret, Bapak Presiden Soeharto mengunjungi Soroako dan meresmikan fasilitas-fasilitas penambangan dan pengolahan.

PT INCO 25 years of progress 1968 - 25 July 1993

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1978

Brief of History 1978

1978 Brief of History 1978

[

1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

[ 1977 ] [ 1978 ] [ 1988 ] [ 1990 ] [ 2000 ] Aerial

Aerial view of the Soroako nickel processing plant

1978 April 1, P.T. INCO commences commercial production. 1 April, P.T. INCO mulai berproduksi secara komersial.

PT INCO 25 years of progress 1968 - 25 July 1993

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1988

Brief of History 1988

1988 Brief of History 1988

[

1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

1988 INCO LIMITED sells 20% of its shares in P.T. INCO to Sumitomo Metal Mining Co., Ltd., of Japan

INCO LIMITED menjual 20% dari saham P.T. INCO yang dimilikinya kepada Sumitomo Metal Mining Co., Ltd., dari Jepang.

PT INCO 25 years of progress 1968 - 25 July 1993

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1990

Brief of History 1990

1990 Brief of History 1990

[

1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

1990 May 16, INCO LIMITED sells 20% of its shares in P.T. INCO to the public and they are listed on the Indonesian Stock Exchanges. INCO LIMITED continues to hold 58.19% of the P.T. INCO shares.

16 Mei, INCO LIMITED menjual 20% dari saham P.T. INCO yang dimilikinya kepada masyarakat dan dicatatkan pada Bursa-bursa Efek di Indonesia. INCO LIMITED tetap memiliki 58,19% saham P.T. INCO.

PT INCO 25 years of progress 1968 - 25 July 1993

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2000

Brief of History 2000

2000 Brief of History 2000

[

1901 ] [ 1937 ] [ 1966 ] [ 1967 ] [ 1968 ] [ 1970 ] [ 1971 ] [ 1973 ] [ 1974 ] [ 1976 ] [ 1977 ]

[

1978 ] [ 1988 ] [ 1990 ] [ 2000 ]

We increassed production 30 per cent to 130.5 million pounds of nickel in matte. The annualized production rate rose from 120.8 million pounds in the first half of 2000 to an annualized rate of 137.3 million pounds in the final six months of the year. This increase is in line with the Company’s plan to ramp up operations to reach its expanded capacity of 150 million pounds of nickel production per annum.

Increassed production and higher nickel prices, partially offset by increassed fuel prices, resulted in a net profit of U.S.$80.5 million, or U.S.$0.32 per share, compared with $21.3 million, or $0.09 per share in 1999. Despite these strong result, the Company must continue to consolidate its focus on its financial position, as nickel prices have softened from very strong levels in the first part of 2000, oil prices remain high, the political and economic situation in Indonesia remains uncertain and our semi-annual obligations on our expantion debt continue. We improved PT. Inco’s capacity to optimize the use of water in its reservoir in order to maximize nickel production, while minimizing the use of fuel fired power generation systems. Our present modeling shows that even in a year of just 90 per cent of historical average rainfall, we should have sufficient water to meet the power generation requirements associated with production at desaign capacity, while keeping our higher cost fuel fired power system on standby.

Disabling injuries were 0.22 per 100 employees per year, an increase from 0.16 per 100 employees in 1999. We did have one fatality, Mr. Hamzah Baso, early in 2000. We were very saddened by this event resulting from a landslide at the slag dump. While a safe work environment for all of our employees, our safety record remains one the best in the business. We are currently piloting a program involving employee input, as part of our obyective to reach zero disabling injuries by 2002.

We continued efforts to reduce dust emissions from the process plant. We completed survey and engineering work on an electrostatic precipitator for No.2 Dryer, which will be installed by year-end 2001 and which is designed to reduce total plant stack dust emissions by more than 40 per cent.

We negotiated a two-year collective labor agreement for unionized employees. The agreement was signed in Soroako on December 14, 2000.

We remained focused on employee development through our GP3 approach (Grow People, Grow Production, Grow Propit), which has bedome a routine part of the way we do business. This approach includes many forms of education (in-house, off-site and overseas) to enhance business undestanding and performance, as well as leadership training for all senior staff.

We maintained our emphasis on community programs and contributed to regional development activities in Southeast, South and Central Sulawesi.

activities in Southeast, South and Central Sulawesi. Kami meningkatkan produksi 30 persen menjadi 130,5 juta pon

Kami meningkatkan produksi 30 persen menjadi 130,5 juta pon nickel dalam matte. Tingkat produksi meningkat dari setara 120,8 juta pon pertahun dalam enam bulan pertama tahun 2000 menjadi tingkat produksi setara 137,3 juta pon pertahun dalam enam bulan terakhir tahun tersebut. Peningkatan ini sejalan dengan rencana perseroan untuk menaikkan operasi untuk mencapai kapasitas yang diperluas sebesar 150 juta pon produksi nikel per tahun.

Produksi yang meningkat dan harga nikel yang lebih tinggi, sebagian diimbangi oleh kenaikan harga minyak,

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2000

menghasilkan laba bersih $80,5 juta, atau $0,32 per saham, dibandingkan dengan $21,3 juta, atau $0.09 per saham tahun 1999. Walaupun hasil tersebut kokoh, perseroan harus terus mengkonsolidasikan pusat perhatiannya kepada posisi keuangannya, karena harga nikel telah melunak dari tingkat yang sangat kokoh pada paruh pertama tahun 2000, harga minyak yang tetap tinggi, keadaan politik dan ekonomi Indonesia yang tetap belum menentu dan terus berlanjutnya kewajiban setengah tahunan dari hutang untuk perluasan kami. Kami memperbaiki kemampuan PT. Inco untuk mengoptimalkan pemakaian pembangkit listrik yang menggunakan bahan bakar minyak. Pemodelan kami dewasa ini menunjukkan bahwa bahkan pada tahun dengan curah hujan hanya 90 persen dari rata-rata curah hujan historis, kami akan memiliki cukup air untuk memenuhi kebutuhan pembangkitan tenaga yang berhubungan dengan produksi pada kapasitas yang dirancang, sementara itu menempatkan pembangkit listrik yang menggunakan bahan bakar minyak kami yang berbiaya lebih tinggi sebagai cadangan.

Kecelakaan Yang mengakibatkan tidak dapat bekerja sebesar 0,22 per 100 karyawan per tahun, naik dari 0,16 per 100 karyawan tahun 1999. Kami mengalami satu kecelakaan fatal, yang menimpa Bapak Hamzah Baso pada awal tahun 2000. Kami sanngat berduka atas peristiwa tersebut yang disebabkan oleh tanah longsor di daerah pembuangan terak. Sementara kami terus berupaya untuk memastikan lingkungan kerja yang aman bagi seluruh karyawan kami, catatan keselamatan kerja kami tetap merupakan satu dari yang terbaik di bidang usahanya. Kami sekarang sedang menerapkan sebuah program yang melibatkan masukan dari karyawan, sebagai bagian dari rencana kami untuk mencapai nihil kecelakaan yang mengakibatkan tidak dapat bekerja paling lambat tahun 2002.

Kami meneruskan upaya untuk mengurangi emisi debu dari pabrik pengolahan. Kami menyelesaikan penelitian dan rekayasa atas presipitator elektrostatis Tanur Pengering No.2, yang akan dipasang sebelum akhir tahun 2001 dan dirancang untuk mengurangi keseluruhan emisi debu pabrik lebih dari 40 persen.

Kami merundingkan Kesepakatan Kerja Bersama untuk masa dua tahun dengan Serikat Pekerja. Kesepakatan ini ditandatangani di Soroako pada tanggal 14 Desember 2000.

Kami terus memusatkan perhatian kepada pengembangan karyawan melalui pendekatan GP3 (Grow People/Giatkan pengembangan pagawai; Grow Production/Gandakan profit) kami yang menjadi bagian rutin dari cara kami menjalankan usaha. Pendekatan ini termasuk berbagai bentuk pendidikan (di perusahaan, di luar Soroako dan di luar negeri) untuk meningkatkan pengenalan dan kinerja bisnis, disamping pelatihan kepemimpinan bagi semua staf senior.

Kami melanjutkan penekanan kami kepada program kemasyarakatan dan memberikan sumbangan kepada kegiatan pengembangan wilayah di Sulawesi Tenggara, Sulawesi Selatan dan Sulawesi Tengah.

PT INCO Annual Report 2000

email to Erlina Yuliarti for your comments and questions

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Product

Product

Product Product
Product Product Ore (Nickel Garnierite) N i c k e l M a t t e

Ore (Nickel Garnierite)

Product Product Ore (Nickel Garnierite) N i c k e l M a t t e

Nickel Matte

NICKEL MATTE

Granules

N i c k e l M a t t e NICKEL MATTE Granules NICKEL (Ni)

NICKEL (Ni) = 77- 80% (Average 78%) OTHER CONTENT : COBALT 1 - 2% SULFUR 20%

80% (Average 78%) OTHER CONTENT : COBALT 1 - 2% SULFUR 20% N i c k

Nickel Matte Granules

Exported to JAPAN with long term sales contract agreement

s Exported to JAPAN with long term sales contract agreement Nickel Bag Public Relation email to

Nickel Bag

Public Relation

email to Erlina Yuliarti for your comments and questions

file:///E|/wwwroot/PTIncoIntranet/Information/Company Profile/product.htm [10/1/2001 2:54:15 PM]

Nickel Application

Nickel Application

Nickel Application Nickel Application
Nickel Application Nickel Application to protect notebook from electromagnetic skyscrapers lapisan battery Jam untuk

to protect notebook from electromagnetic

Nickel Application to protect notebook from electromagnetic skyscrapers lapisan battery Jam untuk daya simpan Car Engine

skyscrapers

to protect notebook from electromagnetic skyscrapers lapisan battery Jam untuk daya simpan Car Engine & Body

lapisan battery Jam untuk daya simpan

skyscrapers lapisan battery Jam untuk daya simpan Car Engine & Body Stainless steel (agar mudah

Car Engine & Body

lapisan battery Jam untuk daya simpan Car Engine & Body Stainless steel (agar mudah dibersihkan dan

Stainless steel (agar mudah dibersihkan dan makanan tidak cepat rusak)

Nickel's versatility and unique combination of properties make it ubiquitous in everyday life. It is both hard and malleable, resist corrosion, and retains its mechanical and physical characteristics even when subjected to extreme temperatures. The white-gray metal, which ultimately is produced from PT INCO's matte product, is known as "primary" nickel because it is derived principally from nickel ores.

Stainless steel currently accounts for about two-thirds of annual Western World primary nickel consumption, up from about 50 percent a decade ago. Stainless steels are iron based alloys containing more than 11 per cent chromium nickel.

From the facades of skyscrapers to computer floppy disks, stainless steel is integral to thousand of products. In kitchen and food processing plants, handling equipment is often made from nickel-containing stainless steel because stainless steel can be readily cleaned.

Low Alloy steels with an average of less than one percent nickel are used in products such as girders for building and bridges, as well as tools and electrical applications.

Non-ferrous alloys - containing nickel and little or no iron - are incorporated in aircraft engine parts and other high performance components. Coinage is another common application. Foundry industry castings can be made of iron alloys, steel alloys or non-ferrous alloys. Giant valves at power plants and the huge propellers that drive cruise ships are typical of castings that contain nickel.

Finally, there are many non-alloying uses of primary nickel. It is an excellent choice for electroplating product such as metal furniture. Nickel salts are used as catalyst for the petrochemical industry. Nickel cadmium batteries and nickel metal hydride rechargeable batteries are found in many products with high growth rates, including power tools, computer, video cameras, and cellular phones.

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Nickel Application

Nickel's pervasiveness and values are strong indications of PT INCO's growth prospects as we lower cost by ramping up in 2001 to our expanded production capacity and realize the benefits of new program to enhance our productivity, efficiency, and quality.

PT INCO Annual Report 2000

email to Erlina Yuliarti for your comments and questions

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Environment

Environment

Environment Environment
Environment Environment Nursery Pembibitan Plant the seed Penanaman bibit ESP maintains dust emissions at level better

Nursery

Pembibitan

Environment Environment Nursery Pembibitan Plant the seed Penanaman bibit ESP maintains dust emissions at level better

Plant the seed

Penanaman bibit

Nursery Pembibitan Plant the seed Penanaman bibit ESP maintains dust emissions at level better than Government

ESP maintains dust emissions at level better than Government standarts

ESP mengendalikan emisi debu lebih baik dari standart pemerintah

mengendalikan emisi debu lebih baik dari standart pemerintah Revegetation after mining Penghijauan daerah purna tambang

Revegetation after mining

Penghijauan daerah purna tambang

Revegetation after mining Penghijauan daerah purna tambang PT INCO Annual Report 2000 email to Erlina Yuliarti

PT INCO Annual Report 2000

email to Erlina Yuliarti for your comments and questions

file:///E|/wwwroot/PTIncoIntranet/Information/Company Profile/environment.htm [10/1/2001 3:02:04 PM]