Your email has been successfully added to our mailing list.

×
-0.063941990771259 -0.063941990771259 -0.063941990771259 -0.063941990771259 -0.063941990771259 -0.063941990771259 -0.063941990771259 -0.063941990771259
Stock impact report

Nickel Futs Jump As Indonesia Instructs World's Largest Mine To Slash Output [zero hedge]

ERAMET SA UNSP/ADR (ERMAY) 
NASDAQ:AMEX Investor Relations: eramet.com/en/investors
Company Research Source: zero hedge
Nickel Futs Jump As Indonesia Instructs World's Largest Mine To Slash Output Nickel futures in London jumped on Wednesday after the world's biggest nickel mine in Indonesia was forced to drastically reduce output , in an effort to tighten global supply to lift prices of the critical battery metal. French miner Eramet , which operates Weda Bay Nickel alongside Tsingshan Holding Group, said Indonesian authorities have capped the mine's 2026 production at 12 million tons of nickel ore , a massive reduction from the 42 million ton quota set by Jakarta in 2025. Here is Eramet's statement from earlier: Eramet informs the market that its joint-venture PT Weda Bay Nickel ("PT WBN") has received an initial notification from the Indonesian authorities to proceed with the submission of a Work Plan and Budget (RKAB) reflecting an annual production and sales (internal and external) volume of 12 Mwmt (vs an initial RKAB of 32 Mwmt granted for 2025 and revised upward to 42 Mwmt in July 2025). The im Show less Read more
Impact Snapshot
Event Time:
ERMAY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ERMAY alerts
Opt-in for
ERMAY alerts

from News Quantified
Opt-in for
ERMAY alerts

from News Quantified