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Eramet partially restarts mineral sands production in Senegal after fire damages

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The company’s shares fell around 1.5% in ⁠early ​trading, pushing their ​year-to-date losses to 5.3%.

French mining and metallurgic group Eramet this Wednesday said ​it had partially restarted production ‌of heavy mineral concentrate at its plant in Senegal, as it ​seeks to mitigate a ​hit to its revenue from ⁠a fire that occurred in February.

The ​company said the affected plant ​now operates at around one-third of its nominal capacity. It aims to ​return to full production level ​by the first quarter of 2027, following ‌reconstruction ⁠of damaged facilities.

Having paused its original mineral sands production target, Eramet now sees an ​output of ​between ⁠300 000 and 400 000 metric tons of heavy mineral ​concentrate in 2026, versus ​900 000 ⁠tons before the fire.

The company’s shares fell around 1.5% in ⁠early ​trading, pushing their ​year-to-date losses to 5.3%.

–Reuters–