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Eramet

Publié le 27 mars 2014

Groupe Eramet : Commencement of mineral sands mining at Grande Côte, as construction phase is completed

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Mots clés associés :   Manganese | Nickel |

Groupe Eramet : Commencement of mineral sands mining at Grande Côte, as construction phase is completed

The definitive handover took place between the Project team and the Production teams. Mining operations will begin ramping up with the production of heavy mineral concentrates. Next, once the base stock has been built up, processing of these concentrates will start at the separation plant. The resulting products will be carried by rail to Dakar port, from where they will be shipped to customers in different countries.

The ramp up of zircon and ilmenite production from Grande Cote within TiZiR will complement the Tyssedal plant in Norway, specializing in upgrading of ilmenite for feedstock to pigments producers.

Through TiZiR, ERAMET is becoming a major participant in the mineral sands industry.

- ooOoo -


ABOUT ERAMET

ERAMET is a leading global producer of:

  • alloying metals, particularly manganese and nickel, used to improve the properties of steel,
  • high-performance special steels and alloys used in industries such as aerospace, power generation and tooling.

ERAMET is also studying or developing major projects in new activities with high growth potential, such as mineral sands (titanium dioxide and zircon), niobium and rare earths, as well as in recycling.

The Group employs approximately 14,000 people in 20 countries. ERAMET is part of Euronext Paris

Compartment A.

CONTACT

Head of Financial Communications and Economic Studies

Philippe Joly

Tel: +33 (0)1 4538 4202

Investor Relations and Economic Analyst

David Fortin

Tel: +33 (0)1 4538 4286

For more information: www.eramet.com

Eramet press release in PDF



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Groupe Eramet via GlobeNewswire

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Eramet

EN DÉVELOPPEMENT
CODE : ERA.PA
ISIN : FR0000131757
Suivi et investissement
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Eramet est une société de production minière de nickel basée en France.

Ses principaux projets en développement sont PRONY WEST et CREEK PERNOD en Nouvelle-Caledonie et son principal projet en exploration est WEDA BAY en Indonesie.

Eramet est cotée en Allemagne et en France. Sa capitalisation boursière aujourd'hui est 2,0 milliards €UR (2,1 milliards US$, 2,0 milliards €).

La valeur de son action a atteint son plus haut niveau récent le 03 mars 2006 à 99,95 €UR, et son plus bas niveau récent le 19 avril 2024 à 75,35 €UR.

Eramet possède 26 543 218 actions en circulation.

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PARIS (ERA.PA)FRANKFURT (ER7.F)
75,35-1.70%76,25+1.40%
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€UR 75,35
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