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Eramet Sees 2027 Capex At €280M-€320 Mln, Confirms 2026 Targets

By Reuters News

Nov 9 (Reuters) - Eramet S.A. ERMT.PA:

  • ERAMET OUTLINES ITS SHORT- AND MEDIUM-TERM OPERATIONAL AND STRATEGIC ROADMAP

  • EXPECTS POSITIVE 2026 ADJUSTED FREE CASH-FLOW

  • TARGETS 2027 MINERAL SANDS PRODUCTION AROUND 900 KT-HMC, FULL CAPACITY IN Q1 2027

  • PROCESSES UNDERWAY FOR DISPOSAL OF CENTENARIO AND PT WEDA BAY NICKEL MINORITY STAKES

  • TARGETS 2027 CAPEX €280M-€320M WITH STRICT CAPITAL ALLOCATION

  • TARGETS 2027 LITHIUM CARBONATE PRODUCTION 20-24 KT-LCE

  • REVISES CENTENARIO SALAR LONG-TERM LITHIUM POTENTIAL TO CLOSE TO 150 KT-LCE PER YEAR

  • CONFIRMS 2026 ADJUSTED LEVERAGE BELOW 3X, GEARING BELOW 100%, LIQUIDITY OVER €1.6BN

  • CONFIRMS 2026 ADJUSTED EBITDA TARGET €540M-€610M, CAPEX €250M-€290M

Further company coverage: ERMT.PA

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