ERAMET S.A. (0MGV.IL)
- Bloomberg
BASF Exits $2.6 Billion Nickel Project as EV Demand Eases
(Bloomberg) -- BASF SE plans to discontinue a project with Eramet SA to spend as much as $2.6 billion building a nickel-cobalt refinery in Indonesia, reversing an earmarked investment in the Southeast Asian nation as sales growth slows for electric vehicles. Most Read from BloombergBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Jain Global Raises $5.3 Billion, Secures Cash From Abu DhabiNvidia’s 13% Stock Rout Has Traders Scouring Charts for SupportHow Long Can High Rates Last? B
- GlobeNewswire
Eramet and BASF decide against joint investment in a nickel-cobalt refining complex in Indonesia
Paris, June 24, 2024, 5:45pm PRESS RELEASE Eramet and BASF decide against joint investment in a nickel-cobalt refining complex in Indonesia Today, Eramet announced that the company and BASF have decided against a joint investment in a nickel-cobalt refining complex1 in Weda Bay. Eramet will continue to evaluate potential investments in the nickel electric vehicle battery value chain in Indonesia and will keep the market informed in due course. In 2020, Eramet and BASF had signed an agreement to
- GuruFocus.com
Eramet SA's Dividend Analysis
Eramet SA (ERMAY) recently announced a dividend of $0.16 per share, payable on 2024-06-21, with the ex-dividend date set for 2024-06-05. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Eramet SAs dividend performance and assess its sustainability.
