Eramet manganese in 2009 loss

By Mark Watts
Published: Monday, 22 February 2010

Division reports full year €27m. loss but steel recovery drives stronger second half

The manganese division of French miner Eramet reported an operating loss of €27m. ($37m.) in 2009 due to a sharp drop in volumes and lower prices in the first half.

 

Eramet said the global supply of manganese ore was cut to almost 50% of capacity in the first...

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