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ERAMET S.A. (ERMAF)

Other OTC - Other OTC Delayed price. Currency in USD
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80.540.00 (0.00%)
At close: 09:42AM EST
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Trade prices are not sourced from all markets
Previous close80.54
Open80.54
Bid0.00 x 0
Ask0.00 x 0
Day's range80.54 - 80.54
52-week range28.10 - 99.00
Volume3
Avg. volume15
Market cap2.147B
Beta (5Y monthly)1.81
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date29 May 2019
1y target estN/A
  • Reuters

    Eramet relaunches lithium project in Argentina with China's Tsingshan

    PARIS (Reuters) -French mining group Eramet said on Monday it was relaunching a lithium production project in Argentina through a partnership with Chinese steel group Tsingshan as it seeks to expand in minerals needed for electric vehicles. Eramet owns a large lithium deposit in Argentina but had suspended its development in April 2020 at the start of the COVID-19 pandemic. The agreement with Tsingshan covers the construction of a lithium processing plant from the first quarter of 2022, with commissioning scheduled for early 2024.

  • Reuters

    Europe's EV battery strategy threatened by supply chain gaps, Eramet says

    Europe is still not investing enough in the supply chain for electric vehicle batteries and this could leave its planned gigafactories short of coveted minerals, French mining group Eramet said. Eramet is struggling to attract investment from its home region to process its overseas nickel, lithium and cobalt reserves into battery materials and may have to turn to non-European players, Pierre-Alain Gautier, its head of corporate affairs and partnerships, said. Electric vehicles are a key plank of European Union plans to cut emissions.

  • Reuters

    France's Eramet says sales buoyed by mining unit, passes on A&D offer

    France's Eramet reported a rise in first-quarter sales on Monday as higher prices and output boosted its mining division, offsetting a slide at Aubert & Duval (A&D), the struggling aeronautics alloys supplier it is trying to sell. Group sales reached 838 million euros ($1.01 billion), up 8% compared with the same period a year earlier, including an 18% rise for its mining and metals branch to 683 million euros, the French company said in a statement. The market context for the mining and metals division remained favourable at the start of the second quarter, "mainly thanks to the momentum of the Chinese economy, with an improved short-term outlook in Europe and the United States," it said.