Eramet Shares Plunge 19% as Nickel and Manganese Production Targets Slashed Amid Indonesian License Cuts

Eramet Shares Plunge 19% as Nickel and Manganese Production Targets Slashed Amid Indonesian License Cuts

Jakarta, CNBC Indonesia – Shares in French mining group Eramet fell 19% on Wednesday as the company announced cuts in nickel and manganese production targets. Referring to the Financial Times, this is a blow to the mining business group listed on the Paris Exchange that had previously suffered from the fall in global nickel prices. … Read more