Norway sovereign wealth fund drops French miner over environmental fears

An AFP investigation earlier this year showed the nickel mine's effects on members of one of Indonesia's last isolated hunter-gatherer communities

 STR

Norway's sovereign wealth fund said Friday it was excluding French mining company Eramet from its portfolio, citing risks that the company was contributing to human rights violations and environmental damage at a nickel mine in Indonesia.

Managed by the country's central bank Norges Bank and fuelled by Norway's vast energy revenues, the fund is the world's biggest, with a value of nearly $2 trillion and investments in more than 8,600 companies across the globe.

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