Eramet shares slide as miner signals nickel and manganese output cuts
Shares in French mining group Eramet tumbled 19 per cent on Wednesday as the company announced cuts to production targets for manganese and
ERAMET S.A. operates as a mining and metallurgical company in France, Asia, Europe, North America, and internationally. The company extracts and processes manganese ore and nickel ore; and extracts and develops mineral sands. It also produces ferronickel, nickel pig iron, briquettes, nickel salts, high purity nickel, nickel ferroalloys, and alloy steel and casting; manganese alloys, such as high-carbon ferromanganese, silicomanganese, low and medium-carbon ferromanganese, and low-carbon silicomanganese for use in batteries, pigments, construction, and automotive industries; and mineral sands, such as titanium dioxide, high-purity pig iron, zircon, and ilmenite used in ceramics and pigments. In addition, it operates Moanda mine in Gabon; nickel mines in New Caledonia and Indonesia; and mineral sand mine in Senegal and Argentina. ERAMET S.A. was incorporated in 1880 and is headquartered in Paris, France.
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61.8831-118.775 | |
2 062 M | |
28 667 K | |
3 201 M | |
1.0911 | |
0.0251 | |
1.379 |
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Shares in French mining group Eramet tumbled 19 per cent on Wednesday as the company announced cuts to production targets for manganese and
Eramet SA Paris, 15 October 2024, 7:45 p.m. PRESS RELEASE Eramet revises its 2024 targets for manganese activities in Gabon and nickel activities in Indonesia Eramet is revising downwards its 2024...
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