Vale Indonesia says Febriany Eddy Reappointed as CEO as MIND ID Deal Approaches

VALE INDONESIA TBK - JAKARTA, June 10 (Reuters) - Shareholders of nickel miner PT Vale Indonesia INCO.JK on Monday voted to reappoint Febriany Eddy as CEO, ahead of state miner MIND ID raising its stake in the group to become its majority shareholder, the company said.

Vale and MIND ID said when the state mining group's planned acquisition of a 14% stake in Vale Indonesia from Vale Canada and Sumitomo Metal Mining 5713.T was announced in February that they would agree board positions as the deal progressed.

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