France Eramet sees global nickel deficit in 2015-2017 on Indonesia ban

Posted on July 3, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

France’s Eramet sees a global nickel deficit in 2015-2017 if Indonesia strictly adheres to its policy of banning exports of unprocessed nickel, Bertrand Madelin, CEO of Eramet Nickel said Thursday.

Speaking at a company news conference in Tokyo, Madelin said China’s port stocks of nickel ore are likely to run low at the end of this year, and the world will run “a slight deficit” of nickel after a 150,000 mt of surplus in 2013.