51.3%
Tsingshan
37.8%
Eramet
10%
PT Antam Tbk
PT Weda Bay Nickel is in a joint venture partnership between the Chinese company Tsingshan, a prominent stainless steel manufacturer holding the majority stake at 51.3%, along with the French mining and metallurgical group Eramet holding a 37.8% stake, and PT Antam Tbk, an Indonesian State-Owned Enterprise, with a 10% stake.