Indonesian billionaire weighs stake in Eramet's Weda Bay nickel mine
FROM THE WIRE · SEEKINGALPHA.COM
Indonesian billionaire Haji Isam is considering buying some or all of Eramet’s 38.7% Weda Bay Nickel stake; the mine could be valued at up to $4 billion.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA possible sale of a stake in a nickel asset is relevant for the mining sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Haji Isam is considering buying some or all of Eramet's 38.7% stake.
- 02The mine could be valued at up to $4 billion.
- 03The stake concerns Weda Bay Nickel.