Paris, October 2(nd), 2014 -PRESS RELEASE- Having conducted a detailed comparative review of three competing bids for the power plant project which is intended to take over from the current power station that supplies SLN's Doniambo plant in New Caledonia with electricity, the Boards of Directors of Eramet and of Société Le Nickel (SLN), meeting on 30 September 2014 and 2 October 2014 respectively, have selected the Eiffage group as the "preferred bidder". A substantial boost to SLN's environmental and financial performance is expected from the power plant.
The two Boards noted that the planned date of second-quarter 2015 for the final investment decision for this project remains unchanged.
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-------------------------------------------------------------------------------- ABOUT ERAMET
Eramet is a leading global producer of: * alloying metals, particularly manganese and nickel, used to improve the properties of \steel, * high-performance special steels and alloys used in industries such as aerospace, power generation and tooling.
Eramet has major research and development projects in new business lines with high growth potential, such as mineral sands (titanium dioxide and zircon), niobium and rare earths, and in recycling. The Group employs approximately 14,000 people in 20 countries. Eramet is part of Euronext Paris Compartment A.
CONTACT
Head of Financial Communication and Economic Studies Philippe Joly Tel: +33 (0)1 45 38 42 02
Investor Relation and Economic Analyst David Fortin Tel: +33 (0)1 45 38 42 86
For more information: www.Eramet.com --------------------------------------------------------------------------------
Eramet press release in PDF: http://hugin.info/143395/R/1860275/651975.pdf
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Source: Groupe Eramet via GlobeNewswire [HUG#1860275]
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Paris, October 2(nd), 2014 -PRESS RELEASE- Having conducted a detailed comparative review of three competing bids for the power plant project which is intended to take over from the current power station that supplies SLN's Doniambo plant in New Caledonia with electricity, the Boards of Directors of Eramet and of Société Le Nickel (SLN), meeting on 30 September 2014 and 2 October 2014 respectively, have selected the Eiffage group as the "preferred bidder". A substantial boost to SLN's environmental and financial performance is expected from the power plant.
