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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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London – The London Metal Exchange’s clearing house proposed reforms on Thursday to boost stability including tripling the capital requirements for members. The exchange, the […]
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