Eramet says Indonesia slashed nickel mining permit volume for 2026
French miner Eramet reports a sharp cut in its Indonesian nickel production allowance for 2026. Global nickel prices rose today following the announcement.
Insights:
The PT Weda Bay Nickel joint venture, a project involving Eramet S.a. , has been granted an initial production allowance of 12 million wet metric tons for 2026 by authorities in Indonesia 
ID. This figure represents a significant reduction from the initial allowance of 32 million wet metric tons allocated for 2025. The development, confirmed on February 11, 2026, directly impacts the authorized nickel output for the joint venture, which operates in a sector critical to both the local economy and stakeholders in France 
FR.
ID. This figure represents a significant reduction from the initial allowance of 32 million wet metric tons allocated for 2025. The development, confirmed on February 11, 2026, directly impacts the authorized nickel output for the joint venture, which operates in a sector critical to both the local economy and stakeholders in France FR.
