Legal Proceedings Report • Dec 8, 2018
Legal Proceedings Report
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Paris, 8 December 2018, 1:00 pm
PRESS RELEASE
As part of an internal quality process review within its Alloys division, conducted by the newly appointed management, Eramet noted some non-conformances in the quality management system within this division.
Internal analyses carried out to date have not revealed any impact of the foregoing on the safety of the products in use. Customers involved have been informed and further analyses are being carried out in close collaboration with them.
A corrective action plan, in line with the highest international standards, has been defined and its deployment is underway.
The financial consequences of this situation cannot be accurately assessed to date. They are however expected to be material. Eramet board of directors has been informed and the company will further communicate to the market in the context of the publication of its upcoming annual results.
Eramet is also developing activities with strong growth potential, such as lithium extraction and recycling, called to play a key role in the energy transition and the mobility of the future.
The Group employs around 12,600 people in 20 countries.
Philippe Gundermann T. +33 1 45 38 42 78
Sandrine Nourry-Dabi T. +33 1 45 38 37 02
Marie Artzner
T. +33 1 53 70 74 31 | M. +33 6 75 74 31 73 [email protected]
T. +33 1 53 70 05 46 | M. +33 6 48 26 21 73 [email protected]
For more information: www.eramet.com Follow us with the Eramet Finance app: IOS: https://itunes.apple.com/fr/app/eramet finance/id1115212055?mt=8 Android:
https://play.google.com/store/apps/details?id=com.eramet.finance
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