Eramet : Unsurprisingly, the lithium project is shelved - at a certain cost
>Eramet shelving its lithium project - Eramet has decided not to launch the construction of its lithium production factory in Argentina. When publishing its full-year results, the group had already announced that this project was on hold because the necessary conditions for its launch were not met (regulatory context in Argentina and economic environment). This source is still an attractive asset and provides the group with significant potential for the next few year...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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