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French miner Eramet SA is looking to acquire more nickel mining permits in Indonesia.

The Geological Agency under the Indonesian Ministry of Energy and Mineral Resources has announced that there are at least 100 additional sites in the country with the potential to contain nickel reserves that remain unexplored.

The Indonesian Nickel Miners Association (APNI) has announced potential investment interest from Australian mining giant BHP in Indonesia’s nickel industry.

Own sourced nickel production of 44,200 tonnes was 2,200 tonnes (5%) lower than H1 2023; attributable ferrochrome production of 599,000 tonnes was 118,000 tonnes (16%) below H1 2023.

Russia’s Nornickel, the world’s largest producer of palladium and a major producer of refined nickel, reported on Monday a 1% drop in nickel output for the first half of the year, but kept its 2024 production guidance for both metals.

Indonesia’s government is seeking to reduce Chinese participation in new nickel projects to help the industry qualify for US government subsidies, the Financial Times reported, citing a person familiar with the matter.

Europe-focused Metals One (AIM: MET1) announced Thursday that Kingsrose Mining (ASX: KRM), partner and operator of its Råna nickel-copper-cobalt project in Norway, has entered into a contract to begin core drilling at the Rånbogen prospect in August.

Eramet nickel ore activity performances in H1 2024.