Eramet Raises Profit Outlook Due to Manganese Price Surge, Faces Nickel Market Challenges
Eramet has upgraded its full-year core earnings outlook following a significant increase in manganese prices, despite anticipating ongoing difficulties in the nickel market, which negatively impacted the company’s first-half results. The French mining company reported a 27% decline in adjusted earnings before interest, tax, debt, and amortization (EBITDA) for the first half, totaling 247 million […]