Eramet reaches agreement to continue SLN’s New Caledonia operations

  • Thursday, April 11, 2024
  • Source:ferro-alloys.com

  • Keywords:nickel, ore, steel
[Fellow]French mining group Eramet said on Wednesday it had reached an agreement with the French government to continue its subsidiary SLN’s mining operations in New Caledonia’s Northern Province.

[Ferro-Alloys.com] 

Eramet reaches agreement to continue SLN’s New Caledonia operations

French mining group Eramet said on Wednesday it had reached an agreement with the French government to continue its subsidiary SLN’s mining operations in New Caledonia’s Northern Province.
 
Under the agreement, Eramet could extend financial guarantees granted to SLN, the mining group said, in a move that would effectively avert the risk of a stoppage on its troubled New Caledonian nickel subsidiary’s operations.
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