Indonesia sovereign wealth funds, Eramet to create nickel investment platform

Credit: Eramet

Indonesia’s sovereign wealth funds, Danantara and the Indonesia Investment Authority, and French miner Eramet said on Wednesday they have agreed to create a platform to invest in nickel-based industry.

Danantara and INA will manage funding for the nickel investment while Eramet is expected to provide technical expertise on mining, they said in a joint statement.

(By Gayatri Suroyo and Ananda Teresia; Editing by Martin Petty)


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