Eramet Plans to Increase Nickel Production

Reuters reported Eramet (EPA:ERA) says it plans to increase its nickel production at the New Caledonia project.

As quoted in the market news:

French mining and metals group Eramet SA (ERMT.PA) aims to raise annual nickel output at its New Caledonia plant to 60,000 metric tons (66139 tons) within 1-2 years from 54,000 metric tons in 2011, Chairman and CEO Patrick Buffet said on Thursday.

The figure should rise to 65,000 metric tons by 2015, Buffet said at a briefing in Tokyo.

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