Our businesses

Manganese : Tinfos acquisition

 

ANNOUCEMENT OF THE ACQUISITION ON THE 15 APRIL 2008

Kvinestal plant - Norway
Production of silico-manganese

On 15 April 2008, ERAMET announced an agreement for the acquisition of Norwegian group TINFOS.

This operation offers major industrial synergies with ERAMET's activities in manganese alloys.


Nottoden hydroelectricity plant - Norway

Presentation of Tinfos acquisition plan of 15 April 2008 during a conference call.


FIRST PHASE OF THE ACQUISITION REALIZED ON 30 JULY 2008

Tyssedal plant - Norway
TiO2 slag and High purity pig iron

ERAMET now holds 56% of Tinfos. The 2nd phase will begin towards the end of 2008.


ERAMET INCREASE ITS ERALLOYS STAKE TO 100%

Tyssedal

March 12th, 2009 : ERAMET announced a new agreement allowing it to increase its interest in Eralloys (company grouping together the activities of the former company Tinfos, excluding Nottoden electricity plant) from 56 to 94.3% while reducing its stake in Nottoden from 56 to 34%. The operation was completed through a share swap on May 14th, 2009.