Waning Chinese Demand Cuts into Eramet Alloy Shipments
Manganese – Platts reported that France's Eramet Manganese's alloy shipments fell in Q3 and year-to-date, due to waning demand from China.
Manganese – Platts reported that France's Eramet Manganese's alloy shipments fell in Q3 and year-to-date, due to waning demand from China.
Nickel – Reuters reported Eramet (EPA:ERA) says it plans to increase its nickel production at the New Caledonia project.
Nickel – Reuters India reported Areva (EPA:AREVA) is in exclusive talks with France's sovereign wealth fund FSI to sell their stake in Eramet (EPA:ERA).
Manganese – Reuters reported that Areva (EPA:AREVA) is negotiating the sale of its stake in Eramet (EPA:ERA).
Nickel – Reuters Africa reported Societe Miniere du Pacific Sud offered to buy Areva's (EPA:AREVA) 26% shares of Eramet (EPA:ERA).
Nickel – Reuters reported Eramet (EPA:ERA) forecast a lower current operating profit this year due to falling nickel and manganese prices.
Manganese – Bloomberg reported that manganese output from the Comilog Gabon mine increased 2.7% over last year.
Iron – ERAMET and Mineral Deposits Limited (TSE:MDM,ASX:MDL) reports they have signed the definitive agreements for the creation of a joint venture.
Iron – Mineral Deposits Limited (TSE:MDM,ASX:MDL) reports it has entered into a Memorandum of Understanding with Eramet to form a joint venture.
Manganese – Reuters reported on Eramet's announcement of its 2010 results, which will be presented to investors in May 2011.
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