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10 Jan
09:37

Eramet sees market uncertainty ahead

Market uncertainty this year has forced French miner Eramet to revise down its production targets for its nickel production subsidiary Societe le Nickel in New Caledonia. The company is targeting around 3 million wet metric tonnes (wmt) of nickel ore exports and around 40,000t of ferronickel production this year. In its nine-month-2022 earnings update monitored by Kallanish, Eramet talks about weaker global demand “resulting from mitigated macroeconomic env…
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