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Stock impact report

Eramet Seeks More Nickel Mines in Indonesia, Says Jakarta Post [Yahoo! Finance]

ERAMET SA UNSP/ADR (ERMAY) 
NASDAQ:AMEX Investor Relations: eramet.com/en/investors
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Singer Akon's Multibillion-Dollar Futuristic City in Africa Gets Final Notice New York City's Outdoor Dining Sheds Will Start Disappearing The 5 Coastal States That Face the Most Devastating Flood Risk Paris Spent €1.4 Billion to Clean Up the Seine. Has It Worked? Africa's Richest City Needs $12 Billion to Fix Infrastructure The firm wants to mine the battery metal on the island of Sulawesi, Bruno Faour, director of Eramet's Indonesia unit, said in an interview. The prospective sites would need to be near areas with hydropower potential that could feed the operations, he added. Eramet runs one of the world's biggest nickel mines on Halmahera island in the country's North Maluku province, in partnership with Chinese conglomerate Tsingshan Holdings Group. It recently pulled out of a joint investment in a processing plant with Germany's BASF SE, and is instead eyeing a stake in a facility owned by China's Zheijiang Huayou Cobalt Co. Most Read fro Show less Read more
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