News: S32 Eramet CEO sees no need for long-term lithium contracts with battery makers

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    May 30 (Reuters) - Eramet ERMT.PA CEO Christel Bories and CFO Nicolas Carre tell the Annual Shareholders Meeting:

    • CEO : WE DON'T SEE NEED FOR LONG-TERM LITHIUM CONTRACTS WITH BATTERY MAKERS, MARKET DEMAND IS THERE
    • CEO : GEOTHERMAL LITHIUM EXTRACTION IN EUROPE HAS TECHNICAL AND ACCEPTABILITY CHALLENGES, WE CONTINUE TO WORK ON OUR PROJECT
    • CEO : IDEA OF 'NICKEL OPEC' SEEMS UNLIKELY FOR NOW AS INTERESTS OF PRODUCER COUNTRIES ARE NOT ALIGNED
    • CFO: NO PLANS CURRENTLY FOR SHARE BUYBACK
 
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