Eramet : Sonic Bay project shelved: a blessing in disguise
>Project was launched in 2020 in partnership with BASF - Eramet has ultimately decided against the Sonic Bay investment project for a battery-quality nickel refining plant close to the Weda Bay mine in Indonesia (owned at 38.7% by Eramet). The project, for which engineering studies had begun in 2020, aimed to process limonite resources from Weda Bay currently sold to third-party refiners. Eramet was partnered with BASF, one of the world-leading manufacturers of catho...Eramet is a mining and metallurgical group, which specializes in the extraction, production and marketing of non-ferrous metals, their chemical derivatives, alloys and superalloys, and parts. Co.'s operations are divided into three divisions: Nickel division which focuses on nickel and its derivative applications; Manganese division which focuses on manganese alloys, manganese chemical derivatives and provides recovery and recycling services of metals contained in oil-industry catalysts, electric batteries and acid solutions; and Alloys division which produces and sells special high-performance steels, superalloys and pre-machined parts based on these materials or aluminium and titanium.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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