Eramet incurs $230m loss in 2015 on nickel market weakness

French miner Eramet suffered an operating loss of €207 million ($230 million) in 2015, due to pressures from low nickel prices, market oversupply, and weaker global demand for metals.

This compared with an operating profit of €75 million in 2014.

Eramet’s earnings before interest, tax, depreciation and amortisation (Ebitda) fell to €92 million in 2015, down from $363...

Published

Charlotte Radford

February 19, 2016

17:29 GMT

London