Globe News Wire
27 May 2026, 06:30 UTC · 2h ago
Source · https://www.globenewswire.com/news-release/2026/05/27/3301631/0/en/partial-restart-of-mineral-sands-production-in-senegal-at-approximately-30-of-nameplate-capacity.html
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Eramet has reinstated a 2026 production guidance of 300 to 400 kt-HMC for its Senegal mineral sands operations. — Replacing a suspended target with a concrete figure provides critical revenue visibility and reduces uncertainty for investors.
+0.60The Senegal site has partially restarted production at approximately 30% of nameplate capacity. — Resuming operations and commercial shipments mitigates the negative impact of the February fire on operating income.
+0.40Eramet expects a gradual ramp-up to 100% production capacity in the first quarter of 2027. — Sets a long-term recovery timeline, indicating that full operational efficiency will not be restored for several more quarters.
+0.30Force majeure provisions in customer and supplier contracts remain in effect. — Indicates that despite partial restarts, the company is not yet in a position to resume full contractual obligations.
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The company is partially restarting production following a fire, mitigating the negative impact on operating income and reinstating production guidance.
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