| Eramet Group : NEW POWER PLANT PROJECT FOR SOCIETE LE NICKEL'S FACILITIES IN NEW CALEDONIA | |
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Paris, October 2nd, 2014 PRESS RELEASE NEW POWER PLANT PROJECT FOR SOCIETE LE NICKEL`S FACILITIES IN NEW CALEDONIA Having conducted a detailed comparative review of three competing bids for the power plant project which is intended to take over from the current power station that supplies SLN`s Doniambo plant in New Caledonia with electricity, the Boards of Directors of ERAMET and of Société Le Nickel (SLN), meeting on 30 September 2014 and 2 October 2014 respectively, have selected the Eiffage group as the "preferred bidder". A substantial boost to SLN`s environmental and financial performance is expected from the power plant. The two Boards noted that the planned date of second-quarter 2015 for the final investment decision for this project remains unchanged. - 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 has major research and development projects in new business lines with high growth potential, such as mineral sands (titanium dioxide and zircon), niobium and rare earths, and in recycling. The Group employs approximately 14,000 people in 20 countries. ERAMET is part of Euronext Paris Compartment A. CONTACT Head of Financial Communication and Economic Studies Philippe Joly Tel: +33 (0)1 45 38 42 02 Investor Relation and Economic Analyst David Fortin Tel: +33 (0)1 45 38 42 86 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 HUG#1860275
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Eramet
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DEVELOPMENT STAGE |
CODE : ERA.PA |
ISIN : FR0000131757 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Eramet is a nickel producing company based in France. Its main assets in development are PRONY WEST and CREEK PERNOD in New Caledonia and its main exploration property is WEDA BAY in Indonesia. Eramet is listed in France and in Germany. Its market capitalisation is €UR 1.8 billions as of today (US$ 2.0 billions, € 1.8 billions). Its stock quote reached its highest recent level on June 28, 2024 at €UR 99.95, and its lowest recent point on October 11, 2024 at €UR 68.35. Eramet has 26 543 218 shares outstanding. |