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“We hope that this ban is going to be kept firmly in place,” chairman and chief executive Patrick Buffet said at a presentation of Eramet’s 2013 results.

“This is the factor that could bring a recovery in the nickel market within a reasonable period.”

Uncertainty over policy ahead of parliamentary and presidential elections this year had contributed to Eramet’s decision to delay a final investment decision on the Weda Bay mining project, Buffet said.

Read more at: http://www.metal.com/newscontent/57803_eramet-delays-indonesia-mine-backs-ban-to-help-nickel