Feb 20, 2020 / 09:30AM GMT
Christel Bories - ERAMET S.A. - Chairman, CEO & President
Good morning, everyone. Thank you for being here today for the presentation of our results for financial 2019 and a presentation of our 2020 accounts.
We are presenting contrasted results. We've achieved significant results in terms of our strategic road map. We have extraordinary operational performance in our minds, but we've faced some very harsh headwinds, in particular, the drop in manganese prices and a negative impact from the Aubert & Duval logistics issues.
So I'll start with our strategic road map. We have, indeed, made significant progress in the implementation of this strategic and operational road map. Our intrinsic performance has improved. As you can see from this slide, we have broken production records in all our mines, gone beyond the objectives we set ourselves. We produced over 4.8 million tonnes of manganese in Gabon, that's 10% against last year or a 15% increase over 2 years. We have also beaten all our production records for nickel in New Caledonia and exported 1.6 million tonnes, which is a
Full Year 2019 Eramet SA Earnings Call Transcript
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