Eramet: Closing of the sale of the Sandouville hydrometallurgical plant to Sibanye-Stillwater
Feb 7, 2022
hydrometallurgical plant to Sibanye-Stillwater
Following the fulfilment of all conditions precedent, Eramet announces the closing of the sale of its subsidiary Eramet Sandouville, a hydrometallurgical plant located in France, to Sibanye-Stillwater, a leading international mining and metals processing Group (for more information refer to www.sibanyestillwater.com). The net proceeds from the sale, including closing adjustments, should amount to approximately €85m, with a positive impact on Eramet’s cash position. Calendar
28.04.2022: Publication of 2022 Group first-quarter turnover
Eramet transforms the Earth’s mineral resources to provide sustainable and responsible solutions to the growth of the industry and to the challenges of the energy transition. Its 13,000 employees are committed to this through their civic and contributory approach in all the countries where the mining and metallurgical group is present. Manganese, nickel, mineral sands, lithium, and cobalt: Eramet recovers and develops metals that are essential to the construction of a more sustainable world. As a privileged partner of its industrial clients, the Group contributes to making robust and resistant infrastructures and constructions, more efficient means of mobility, safer health tools and more efficient telecommunications devices. Fully committed to the era of metals, Eramet’s ambition is to become a reference for the responsible transformation of the Earth’s mineral resources for living well together.