French mining company Eramet has highlighted the importance of its Chinese partners in ensuring competitive nickel production and maintaining profitability. According to Jérôme Baudelet, chief executive of Eramet Indonesia, Chinese companies are essential in keeping costs manageable and ensuring the viability of operations. “The risk is not being competitive and to have a much higher...
READ MOREJérôme Baudelet, CEO of nickel producer Eramet Indonesia, predicts that Indonesia will become the world’s largest nickel producer in the next decade, thanks to significant increases in production volumes. In 2023, Indonesia supplied 55% of the world’s total nickel production, highlighting the country’s growing influence on the global nickel market. Baudelet expects that by 2034,...
READ MOREEramet, the mining group, announced that it will not meet its 2024 manganese and nickel production targets. This news caused a sharp decline in the company’s stock price, which fell by 14% on Wednesday, October 16, reaching €56.7 and making it the biggest decliner in the SBF 120 index. Eramet revised its manganese production forecast...
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