Eramet SA (ERMT.PA)
5 Dec 2016
Thu, Jul 28 2016
PARIS, July 28 French mining group Eramet says in results presentation on Thursday that a mix of cost savings, divestment and extra financing including a convertible bond issue will help its nickel unit in New Caledonia stem heavy losses.
PARIS, July 12 Mining group Eramet said that the board of its nickel subsidiary SLN in New Caledonia has approved a 200 million euro ($222.28 million) loan from the French government, aimed at helping the loss-making business survive a severe market downturn.
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