Eramet restarts nickel mine in Indonesia
PARIS - French group Eramet is restarting operations at the Weda Bay nickel mine in Indonesia after suspending output earlier this year when it used up a reduced mining quota.
Indonesia, the world's biggest nickel producer, cut mining volume permits this year as part of steps to exert greater control over commodity exports and prices.
Eramet said in a statement that the mining operations of Weda Bay Nickel (WBN) are resuming progressively with the authorisation of the Indonesian authorities.
Eramet will provide an update of 2026 guidance for external nickel ore sales in due course and WBN continues constructive dialogue with the Indonesian authorities, the French firm said.
The statement did not indicate if WBN had obtained an additional mining allowance and an Eramet spokesperson declined to comment further.
Eramet shares rose about 5% in opening trade in Paris before paring gains.
Uncertainty over mining permits in Indonesia has contributed to poor financial results at the group, which is planning a capital increase and stake sales in some activities.
The Weda Bay mine, the world's largest for nickel, was put on care and maintenance in May after Eramet said an initial production allowance of 12-million wet metric tons for this year had been used up.
The 2026 volume compared with an initial allocation of 32-million wet metric tons in 2025.
Eramet jointly owns WBN alongside Chinese steel group Tsingshan and Indonesian State-owned Antam Tbk.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation


















