08
Jul
11:39
Eramet seeks nickel partners in Indonesia
Nickel miner Eramet says it is looking for new partners for its Indonesian Weda Bay project after two Japanese partners announced they would exit the venture earlier this year. Nickel prices have fallen but remain volatile, Kallanish notes.
Japan’s Mitsubishi Corporation and ferronickel producer Pacific Metals exercised a put option to exit the venture in April. Indonesia’s PT (Persero) Aneka Tambang remains part of the project. "We are seeking …
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Very good overview of the weekly steel market.
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