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Eramet SA (ERMT.PA)

ERMT.PA on Paris Stock Exchange

53.10EUR
2:12pm IST
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€1.22 (+2.35%)
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€51.88
Open
€52.64
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€53.14
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€52.06
Volume
18,990
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117,188
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€158.70
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€45.84

Latest Key Developments (Source: Significant Developments)

Eramet Q1 Sales Stable At 873 Million Euros
Thursday, 25 Apr 2019 

April 25 (Reuters) - ERAMET SA ::REG-ERAMET : € 873M FIRST QUARTER 2019 SALES, DRIVEN BY NEW PRODUCTION RECORDS.2019 PRODUCTION TARGETS CONFIRMED: 4.5 MILLION TONNES OF MANGANESE ORE PRODUCED AND 1.5 MILLION TONNES OF NICKEL ORE EXPORTED.CONFIRM OUR TARGETS FOR YEAR.INTRINSIC GROWTH AND PRODUCTIVITY GAINS EXPECTED IN 2019, RESULTING IN FORECAST EBITDA CLOSE TO THAT OF 2018, ASSUMING MARCH 2019 MARKET CONDITIONS.  Full Article

Eramet targets more nickel ore exports after 2018 record
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Eramet SA ::CEO SAYS AIMS TO RAISE FURTHER NICKEL ORE EXPORTS FROM NEW CALEDONIA TO 1.5 MILLION T IN 2019 AND 4 MILLION T IN 2021 AFTER RECORD 1.2 MILLION T IN 2018.  Full Article

Eramet to pursue rescue plan for SLN unit after new nickel losses
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Eramet SA ::NET INCOME - GROUP SHARE AT EUR 53M, INCLUDING A NON-CURRENT PROVISION OF EUR 65M TO FACTOR IN COST OF QUALITY PROCESS REVIEW WITHIN HIGH PERFORMANCE ALLOYS DIVISION.2019 WILL BE KEY TO EFFECTIVELY IMPLEMENTING A RESCUE PLAN FOR SLN, IMPROVING RESULTS FOR SANDOUVILLE PLANT AND BUILDING FOUNDATIONS FOR AN IMPROVED FUTURE PERFORMANCE IN HIGH PERFORMANCE ALLOYS DIVISION.FOR CURRENT FINANCIAL YEAR, INTRINSIC GROWTH AND EXPECTED PRODUCTIVITY GAINS SHOULD OFFSET CURRENT DETERIORATION IN MARKET CONDITIONS, WHICH WOULD RESULT IN A FORECAST EBITDA CLOSE TO THAT OF 2018.  Full Article

Eramet names new director for Lithium division
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Eramet SA ::* As of 1 January, 2019, Hervé Montégu is appointed Senior Vice President of Lithium Activities within the Eramet group..* The new mission entrusted to Hervé Montégu is to develop this new activity. In particular, Eramet owns a lithium deposit of exceptional size in north-western Argentina, located at an altitude of 3,800 m in the province of Salta..* Lithium project entering its final preparation phase.* Completion of the technical and economic feasibility study is underway to specify the required investment, currently estimated at approximately €500 million for 24,000 tonnes.* Investment decision is scheduled for the first half of 2019 for production to start at end-2021.* Eramet is studying other development areas in lithium in Chile and Europe. .  Full Article

Eramet H1 EBITDA Up At 432 Million Euros
Tuesday, 24 Jul 2018 

July 24 (Reuters) - ERAMET SA ::H1 REVENUE EUR 1.81‍​ BILLION VERSUS EUR 1.80 BILLION YEAR AGO.H1 NET INCOME GROUP SHARE EUR ‍​94 MILLION VERSUS EUR 81 MILLION YEAR AGO.H1 EBITDA EUR ‍​432 MILLION VERSUS EUR 389 MILLION YEAR AGO.MANGANESE UNIT H1 CURRENT OPERATING INCOME EUR 331 MILLION VERSUS EUR 346 MILLION YEAR AGO.MANGANESE UNIT H1 REVENUE EUR 928 MILLION VERSUS EUR 920 MILLION YEAR AGO.  Full Article

Eramet Says Offer For Mineral Deposits Limited Declared Unconditional
Thursday, 5 Jul 2018 

July 5 (Reuters) - ERAMET ::REG-ERAMET GROUP: OFFER FOR MINERAL DEPOSITS LIMITED (MDL) SHARES DECLARED UNCONDITIONAL.OFFER PRICE OF A$1.75 PER SHARE IS LAST AND FINAL(3).CASH CONSIDERATION IS PAID TO ACCEPTING SHAREHOLDERS WITHIN 7 BUSINESS DAYS.OFFER IS DUE TO CLOSE AT 7:00PM (SYDNEY TIME) ON 13 JULY 2018 (UNLESS EXTENDED OR WITHDRAWN).OFFER IS DUE TO CLOSE AT 7:00PM (SYDNEY TIME) ON 13 JULY 2018.  Full Article

Eramet Established Facility To Assist MDL Shareholders To Tender Support For Offer
Friday, 29 Jun 2018 

June 29 (Reuters) - Eramet SA ::ESTABLISHED INSTITUTIONAL ACCEPTANCE FACILITY TO ASSIST MDL SHAREHOLDERS TO TENDER SUPPORT FOR OFFER PRIOR TO OFFER BECOMING UNCONDITIONAL.REFERS TO ERAMET'S OFFER TO BUY MINERAL DEPOSITS.  Full Article

ERAMET Says Ellerston Capital Procured Acceptance Of ERAMET's Offer For Mineral Deposits' Shares
Tuesday, 29 May 2018 

May 29 (Reuters) - Eramet SA ::ELLERSTON CAPITAL HAS PROCURED ACCEPTANCE OF ERAMET'S OFFER FOR MINERAL DEPOSITS' SHARES REPRESENTING 5.3% OF MDL SHARES ON ISSUE.  Full Article

Mineral Deposits Responds To Eramet's Second Supplementary Bidder’S Statement
Thursday, 17 May 2018 

May 17 (Reuters) - Mineral Deposits Ltd ::NOTES ERAMET'S RELEASE OF SECOND SUPPLEMENTARY BIDDER’S STATEMENT.ERAMET BIDDER’S STATEMENT CRITICISES RELIABILITY OF FINANCIAL & OPERATIONAL GUIDANCE FOR TIZIR JV RELEASED BY CO ON 10 MAY.STANDS BY ITS GUIDANCE AND REJECTS ANY ASSERTION THAT IT DOES NOT HAVE A REASONABLE OR RELIABLE BASIS FOR THAT GUIDANCE.  Full Article

Mineral Deposits Says Shareholders To Take No Action Regarding Eramet's Offer
Friday, 27 Apr 2018 

April 27 (Reuters) - Mineral Deposits Ltd ::SHAREHOLDERS ARE URGED TO TAKE NO ACTION IN RELATION TO ERAMET'S OFFER.  Full Article