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France Set to Become Eramet’s Largest Shareholder in Planned €500 Million Capital Increase

The French government plans to raise its stake in the nickel, manganese and lithium producer later this year.

Nickel ore piles beside an industrial processing plant at dawn / TokenPost.ai
Nickel ore piles beside an industrial processing plant at dawn / TokenPost.ai

France plans to become Eramet’s largest shareholder by increasing its stake in the company during a planned €500 million capital increase later this year.

Eramet produces nickel, manganese and lithium. The transaction would raise the French government’s ownership position above that of other shareholders.

The capital increase is planned for later this year.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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