Home Eramet postpones Weda Bay nickel project French mining and metallurgical group Eramet has postponed its Weda Bay nickel project in Indonesia on weak prices for the alloying metal, the company said in its results release for 2013. The postponement of the project caused Eramet group to record a €224 million ($308 million) write-down on its fixed assets in relation to the project, as of December 31, 2013. “Given the deterioration observed in the nickel market in 2013 and the short-term outlook for nickel prices, Eramet, in agreement with its partners Mitsubishi Corp and PT... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok To view this content, please take a free trial or subscribe to our service in just a few steps. Already registered? Log in Discover what Fastmarkets MB has to offer with a FREE 7 day trial: View a sample of all 1,000+ prices Access the past month's market insights No commitment Try our global metal company database Get free access now Subscribe now to get access to Fastmarkets MB: 1,000+ metals prices and premiums including key industry benchmarks Prices analysis tool Live news and breaking news alerts Contact information for 11,500+ companies Subscribe now Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Claire Hack February 24, 2014 11:02 GMT London Keywords Eramet nickel Weda Bay postponement Indonesia ore ban Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
