Paris, September 28th, 2017, 6:00pm PRESS RELEASE Successful issuance of ?500 million euros bonds maturing in February 2024 The press release is available on the Eramet's website through the following link: http://www.Eramet.com/en/presse-release/successful-issuance-eu500-million-euros-bonds-maturing-february-2024 DISCLAIMER The bonds are [...]
Saint-Georges-de-Mons, September 15th, 2017 PRESS RELEASE INAUGURATION OF FIRST PLANT IN EUROPE TO PRODUCE AVIATION-GRADE TITANIUM BY RECYCLING UKAD, ADEME and Crédit Agricole Centre France today inaugurated the EcoTitanium site in Saint-Georges-de-Mons (Puy-de-Dôme, France), in the presence of Benjamin Griveaux, Secretary of State for Economy and Finance, and Christel Bories, Chairman & CEO of the Eramet Group. The first plant in Europe to produce avi... [...]
Arts of Atlantic Equatorial Africa Curator: Yves Le Fur, Heritage and Collections Department Director, the musée du quai Branly - Jacques Chirac. Atlantic Equatorial Africa has given African art some of its most extraordinary masterpieces. From the visual power of the Fang people to the naturalist elegance of the Punu, almost 325 works from this vast region have been brought together for the first time in the exhibition "FORETS NATALES". Arts of Atlantic Equatorial Africa at the musée du quai [...]
Paris, September 8th, 2017, 6:30am PRESS RELEASE Eramet Group: SLN performance plan strengthened in New Caledonia Eramet announces a project to strengthen the performance plan for its subsidiary Société Le Nickel (SLN) in New Caledonia. In the context of a changing global nickel industry, considering that the 4.5 USD/lb target set for the end of 2017 is essential but not sufficient to guarantee the company's long-term future during cycle troughs, a new cash cost target has been set at 4.0 USD/lb by the end of 2020. An in-depth analysis of costs at SLN and its principal competitors shows that the t... [...]
"Results for the first-half are up sharply. 2017 is a turning point for Eramet. The Group is still only at the start of its transformation and the environment in which the Group is developing remains uncertain. Our objectives for the future are clear: increase our competitiveness in all our business activities and find the right growth drivers for [...]
Paris, 8 June 2017, 8:30am PRESS RELEASE Agreement finalised with the Tsingshan group to develop the Weda Bay Nickel deposit in Indonesia Eramet has announced an agreement finalised with the Chinese Steel Group Tsingshan, a leading stainless steel world producer, to develop the Weda Bay nickel deposit in Indonesia. Acquired by Eramet in 2006 [...]
Paris, 12 May 2017, 17:40 PRESS RELEASE Change in the partnership between ERASTEEL and Heye Special Steel Co., Ltd in China ERASTEEL, a 100% subsidiary of Eramet, and the Chinese company AT&M (Advanced Technology & Materials Co., Ltd) have signed a memorandum of understanding concerning the future of their activities in China in the domain of [...]
Paris, 28 April 2017, 08:30 PRESS RELEASE Eramet group: Sales up sharply in first-quarter 2017 Sales in first-quarter 2017 at ?854 million, up sharply (+28%) compared with first-quarter 2016. Nickel prices and manganese ore prices in first-quarter 2017 came out at substantially higher levels compared [...]
Eramet group: Deployment of a new Governance cycle In recent years, Eramet has had to face a global crisis in ores and raw materials on an unprecedented scale, which has very severely affected its business activity. Against this backdrop, Mr Patrick BUFFET, Eramet's Chairman & Chief Executive Officer, decided to implement a cost reduction and [...]
A successful strategy: Objectives exceeded for 2016 cost reduction and productivity plan rolled out across the Group: ?129 million achieved in 2016, and ?306[1] million in total cumulated impact since 2014, significantly exceeding the objectives set in the 2014 - 2017 plan. Final plan target is raised to ?4001 million from ?3601 million previously [...]
Paris, 17 January 2017, 8:30 am PRESS RELEASE Eramet group: 2-year maturity extension of the Syndicated Revolving Credit Facility Eramet announces the renegotiation of the terms of its ?981 million Revolving Credit Facility, extending its maturity by 2 years. The initial maturity schedule included [...]
Paris, 3 January 2017 PRESS RELEASE Eramet group: Closing as of 30 December 2016 of the sale of ERACHEM (manganese chemicals) to PMHC II, Inc., for an amount of USD193 million As part of its asset disposals program, and following the agreement concluded on 10 December 2016, Eramet announces the definitive closing as of 30 December 2016 of the [...]