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Eramet: corrective actions taken in Alloys division

(CercleFinance.com) - Eramet has announced taking corrective actions as part of a quality process review within its Alloys division, having noted some non-compliance 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 metals them," the group said.

The financial consequences of this situation cannot be accurately assessed to date. They are however expected to be material for the group. Eramet's board of directors has been informed and the company will further communicate details on the publication of its upcoming annual results.

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