Announced

Eramet and Électricité de Strasbourg to form a joint venture.

Synopsis

Eramet, a French multinational mining and metallurgy company, and Électricité de Strasbourg, an electric services company, agreed to form a joint venture. Financial terms were not disclosed. “This innovative and sustainable project is perfectly in line with our Group's strategy which aims to responsibly produce the metals necessary for the energy transition and strengthens French sovereignty and European for the supply of lithium, critical in the battery value chain. We are delighted to be able to rely on ÉS, a trusted partner whose expertise is recognized,” Christel Bories, Eramet Chairman and CEO.

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