Vale Indonesia Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Vale Indonesia Tbk. trades at Rp4,960 (market cap 51.96T, 10.73M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume). The key difference: Vale Indonesia Tbk. and Merdeka Battery Materials Tbk. are close in size by market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 10.73M). Which is the better fit depends on your goals.
| INCO | MBMA | |
|---|---|---|
Market Cap | 51.96T | 56.16T |
Volume | 10.73M | 48.81M |
Lot | 107.28K | 488.12K |
Turnover | 53.63B | 25.53B |
Average Price | 4,999.12 | 523.13 |
Value | 53.63B | 25.53B |
Indicative Equilibrium Price | 4,960 | 525 |
Indicative Equilibrium Volume | 4.56K | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
PT Vale Indonesia Tbk, formely PT International Nickel Indonesia, was established on July 25, 1968. PT. INCO produces nickel in matte, an intermediate product, from lateritic ores at its integrated mining and processing facilities near Soroako on the island of Sulawesi. The company is owned 58.7 % by Inco Limited of Canada, 20.1 % by Sumitomo Metal Mining Co., Ltd. of Japan.The Company is PMA
Read more on INCO →PT Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).
Read more on MBMA →