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Eramet SA (ERMT.PA)

ERMT.PA on Paris Stock Exchange

40.64EUR
23 Aug 2019
Change (% chg)

€-1.49 (-3.54%)
Prev Close
€42.13
Open
€42.70
Day's High
€43.03
Day's Low
€40.50
Volume
184,979
Avg. Vol
166,850
52-wk High
€96.00
52-wk Low
€36.42

Latest Key Developments (Source: Significant Developments)

Eramet Says Development Projects In Manganese And Lithium Achieve New Milestone
Monday, 24 Jun 2019 

June 24 (Reuters) - Eramet SA ::ERAMET: DEVELOPMENT PROJECTS IN MANGANESE AND LITHIUM ACHIEVE A NEW MILESTONE.FINAL INVESTMENT DECISION PLANNED AT YEAR-END, SUBJECT TO FINANCING.SEARCH FOR FINANCING IS NOW ACTIVELY UNDERWAY.LAUNCH OF PREPARATORY WORKS IN GABON AND ARGENTINA.FINAL INVESTMENT DECISIONS MAY BE MADE ONCE FINANCING HAS BEEN OBTAINED, AT EARLIEST IN Q4 2019.IN GABON, TARGET IS TO INCREASE COMILOG'S OVERALL MANGANESE ORE PRODUCTION CAPACITY FROM 4.3 MT/YEAR IN 2018 TO 7 MT IN 2023.INCREASE WILL REDUCE CASH COST BY C. 20%, BRINGING OUR MARKET SHARE UP FROM CURRENTLY 10% TO 15%.INVESTMENT IN GABON WOULD AMOUNT TO EUR 640M OVER A 5-YEAR PERIOD.IN ARGENTINA, INVESTMENT WOULD AMOUNT TO EUR 525M OVER A 3-YEAR PERIOD.  Full Article

Eramet Announces Partnership Agreement Between Aubert&Duval And Pyrogenesis
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - ERAMET SA ::REG-ERAMET : AUBERT&DUVAL AND PYROGENESIS SIGN A PARTNERSHIP AGREEMENT.PARTNERSHIP AGREEMENT FOR DISTRIBUTION OF PLASMA-ATOMIZED TITANIUM POWDERS.AGREEMENT WILL ALLOW ERAMET TO REACH A SIGNIFICANT 15% MARKET SHARE OF TITANIUM POWDERS IN EUROPE BY 2022..HIS AGREEMENT WILL ALLOW ERAMET TO REACH A SIGNIFICANT 15% MARKET SHARE OF TITANIUM POWDERS IN EUROPE BY 2022..  Full Article

Eramet says impact from alloys review to be at least 25 mln euros
Monday, 10 Dec 2018 

Dec 10 (Reuters) - Eramet SA ::SAYS IMPACT ON RESULTS FROM 'QUALITY PROCESS REVIEW' AT ALLOYS ARM WILL BE AT LEAST 25 MILLION EUROS.SAYS IMPACT SHOULD BE AT NET PROFIT LEVEL, BUT OVERALL EBITDA GUIDANCE UNCHANGED.SHARES DOWN 24 PERCENT.  Full Article

Eramet Takes Actions As Part Of Quality Process Review Within Division
Saturday, 8 Dec 2018 

Dec 10(Reuters) - ERAMET ::ANNOUNCED ON SATURDAY ERAMET TAKES CORRECTIVE ACTIONS AS PART OF A QUALITY PROCESS REVIEW WITHIN ITS ALLOYS DIVISION.ERAMET NOTED SOME NON-CONFORMANCES IN THE QUALITY MANAGEMENT SYSTEM WITHIN ALLOYS DIVISION.INTERNAL ANALYSES CARRIED OUT TO DATE HAVE NOT REVEALED ANY IMPACT OF THE FOREGOING ON THE SAFETY OF THE PRODUCTS IN USE.A CORRECTIVE ACTION PLAN HAS BEEN DEFINED AND ITS DEPLOYMENT IS UNDERWAY.THE FINANCIAL CONSEQUENCES OF THIS SITUATION CANNOT BE ACCURATELY ASSESSED TO DATE BUT ARE EXPECTED TO BE MATERIAL.  Full Article

Eramet Announces Léod-Paul Batolo's Appointment As CEO Of Comilog
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - ERAMET SA ::LÉOD-PAUL BATOLO APPOINTED AS CEO OF COMILOG.APPOINTMENT WILL TAKE EFFECT AS OF 1 JANUARY 2019.COMILOG IS ENTERING A NEW GROWTH PHASE WITH PROSPECT OF COMILOG 2020 PROJECT.TO INCREASE COMILOG'S ORE PRODUCTION BY MORE THAN 30% AND INVESTMENT DECISION IS SCHEDULED FOR FIRST-HALF 2019.MR. BATOLO WILL REPLACE HERVÉ MONTEGU, WHO WILL TAKE UP A NEW POSITION AT ERAMET.  Full Article

Eramet Sees 2018 EBITDA On Par With 2017
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - ERAMET SA ::REG-ERAMET: SALES UP IN THIRD QUARTER 2018, DRIVEN BY A FAVOURABLE PRICE ENVIRONMENT.EBITDA FORECAST FOR 2018 APPROXIMATELY ON PAR WITH 2017, ASSUMING CURRENT MARKET CONDITIONS ARE MAINTAINED..Q3 2018 SALES AT EUR 951M, UP 8% VERSUS Q3 2017.GROUP'S EBITDA FORECAST FOR THE 2018 FINANCIAL YEAR SHOULD BE ON PAR WITH 2017..DISRUPTIONS SHOULD HAVE AN IMPACT ON GROUP CURRENT OPERATING INCOME, OF APPROXIMATELY EUR 15M FOR 2018 FINANCIAL YEAR..  Full Article

Mineral Deposits' Directors Unanimously Recommend That Shareholders Accept Eramet's Offer
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Eramet SA ::NOTES NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER THAT ERAMET NOW HOLDS RELEVANT INTEREST IN 43.41 PCT OF ISSUED CAPITAL OF CO.ERAMET IS NOW SINGLE LARGEST MDL SHAREHOLDER & WITH VOTING POWER OF 43.41 PCT, IS EFFECTIVELY IN POSITION WHERE IT HAS CONTROL OF CO.MDL DIRECTORS, ON BALANCE, NOW UNANIMOUSLY RECOMMEND THAT SHAREHOLDERS ACCEPT ERAMET'S OFFER.EACH MDL DIRECTOR INTENDS TO ACCEPT ERAMET'S OFFER IN RESPECT OF THEIR OWN SHAREHOLDING.  Full Article

Mineral Deposits Provides Takeover Update
Monday, 4 Jun 2018 

June 4 (Reuters) - Mineral Deposits Ltd ::TAKEOVER UPDATE.ERAMET HAS MADE AN OFFER THAT AN INDEPENDENT EXPERT HAS DEEMED TO BE GROSSLY INADEQUATE.STANDS BY ITS RECENTLY ISSUED GUIDANCE AND BOARD'S RECOMMENDATION TO REJECT ERAMET'S OFFER.SINCE OPENING ITS OFFER ON 14 MAY , ERAMET HAS INCREASED ITS INTEREST IN MDL BY ONLY 20,895 SHARES.  Full Article

Eramet Group Opening Of Takeover Offer For Mineral Deposits Limited
Monday, 14 May 2018 

May 14 (Reuters) - ERAMET SA ::REG-ERAMET GROUP: OPENING OF THE TAKEOVER OFFER FOR MINERAL DEPOSITS LIMITED.TO ACQUIRE ALL OF THE ISSUED SHARES IN MINERAL DEPOSITS LIMITED (MDL) THAT IT DOES NOT ALREADY OWN FOR A$1.46 CASH PER SHARE (OFFER).  Full Article

Steelworkers ratify three-year agreement at Eramet Marietta
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Eramet SA :‍United Steelworkers - members of local 0639 at Eramet's Manganese plant in Ohio, have ratified new, 3-year contract that covers about 110 workers​.  Full Article

French and Benelux stocks-Factors to watch

July 25 Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks.