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Eramet's response to the Gabonese government's announcement on crude manganese export ban starting in 2029
Eramet's response to the Gabonese government's announcement on crude manganese export ban starting in 2029

Yahoo

time02-06-2025

  • Business
  • Yahoo

Eramet's response to the Gabonese government's announcement on crude manganese export ban starting in 2029

Paris, 2 June 2025, 8:00 a.m. PRESS RELEASE Eramet's response to the Gabonese government's announcement on crude manganese export ban starting in 2029 Eramet takes note of the Gabonese government's intention to ban crude manganese exports from January 1st, 2029. This move is described as part of the country's stated ambition to strengthen its industrial base, initiated by H.E. President Brice Clotaire Oligui Nguema and his Government. A long-standing partner of Gabon and with over 30 years of presence in the country, Eramet has a track record as a committed investor in Gabon, supporting the country's industrial development ambitions through investing in sustainable mining operations, constructing value-adding transformation facilities and upgrading key infrastructure. Eramet acknowledges the Government's ambition and, as the main co-shareholder in Comilog, will continue to work with the authorities in a spirit of constructive partnership and mutual respect. Eramet will remain attentive to this policy shift and will work collaboratively to identify further opportunities for it to contribute to Gabon's economic development in the long term, whilst maintaining the sustainability of its mining and metals operations. In particular, the Group aims to safeguard the strategic role of Comilog and Setrag in being an internationally significant supplier of manganese to the global steel industry — and the 10,460 Gabonese jobs they sustain. Calendar 30.07.2025: Publication of 2025 half-year results 30.10.2025: Publication of 2025 Group third-quarter turnover ABOUT ERAMET Eramet transforms the Earth's mineral resources to provide sustainable and responsible solutions to the growth of the industry and to the challenges of the energy transition. Its employees are committed to this through their civic and contributory approach in all the countries where the mining and metallurgical group is present. Manganese, nickel, mineral sands and lithium: Eramet recovers and develops metals that are essential to the construction of a more sustainable world. As a privileged partner of its industrial clients, the Group contributes to making robust and resistant infrastructures and constructions, more efficient means of mobility, safer health tools and more efficient telecommunications devices. Fully committed to the era of metals, Eramet's ambition is to become a reference for the responsible transformation of the Earth's mineral resources for living well together. INVESTOR CONTACTDirector of Investor RelationsSandrine Nourry-DabiT. +33 1 45 38 37 02 PRESS CONTACTMedia Relations OfficerNedjma AmraniT. +33 6 65 65 44 Attachment 2025 06 02 - Eramet - PR - Response_ Gabonese government's Announcement EN VFSign in to access your portfolio

Gabon's ousted President Bongo flies to Angola with wife and son
Gabon's ousted President Bongo flies to Angola with wife and son

Arab News

time17-05-2025

  • Politics
  • Arab News

Gabon's ousted President Bongo flies to Angola with wife and son

LUANDA: Gabon's former leader, Ali Bongo Ondimba, who was detained after being ousted in a 2023 coup, has been released and has gone to Angola with his family, the Angolan presidency said. Bongo, whose family ruled Gabon for 55 years, had been under house arrest in the capital, Libreville, since being overthrown in August 2023. His wife and son had also been in detention, accused of embezzling public funds. A statement on the Angolan presidency's Facebook page announcing the arrival of the Bongo family in the capital, Luanda, was accompanied by photographs showing the former leader being welcomed at an airport. The 'Bongo family has been released and has just arrived in Luanda,' it said. The release of the family followed talks between Angolan President Joao Lourenço and Gabon's new leader, Brice Clotaire Oligui Nguema, the statement said. Lawyers for the Bongos in France said their release had been the 'result of long efforts on both the judicial and diplomatic levels. 'After 20 months of arbitrary and cruel detention accompanied by torture, the family is finally reunited around the former president Ali Bongo,' they said in a statement. But a prosecutor in Libreville said Bongo's French-born wife Sylvia, 62, and son Noureddin, 33, had only been provisionally freed, awaiting a trial for alleged embezzlement. Prosecutor Eddy Minang said the pair's release 'does not in any way interrupt the normal course of the proceedings, which will continue until a fair, transparent, equitable and timely trial is held.' Oligui, a former junta leader, seized power in the August 2023 coup that ended the 55-year rule of the Bongo dynasty. The general was sworn in earlier this month after winning 94.85 percent in an April 12 vote in which international observers signaled no major irregularities. Oligui's main rival, Alain-Claude Bilie By Nze, the last prime minister under Bongo, said the family's release demonstrated that their detention 'did not respect the framework of law and justice. 'President Oligui Nguema did not show clemency: He had to bow to international demands after what everyone understood to be an abuse of power,' he said. Lawyers for Sylvia and Noureddin alleged they had suffered torture while in detention. Several Gabonese news media reported recently that they had been moved from cells in an annex of the presidency to a family residence in Libreville. A member of Gabon's transitional parliament, Geoffroy Foumboula Libeka, said the move of the family 'in the middle of the night and total silence' was 'a real disgrace for the first days' of the new government. 'Where is Gabon's sovereignty?' he asked on social media. The Bongo family's release, he said, was 'the price to pay' for the country's reintegration into the African Union, which Angolan leader Lourenco currently heads. The African Union announced on April 30 that it had lifted sanctions against Gabon, which was suspended from the organisation following the coup. The country of 2.3 million people has endured high unemployment, regular power and water shortages, and heavy government debt despite its oil wealth. The Gabon presidency announced on social media on May 12 that Lourenco had met Oligui in Libreville for talks focused 'on strengthening bilateral cooperation, the smooth running of democratic elections marking the end of the transition in Gabon.' They also discussed lifting sanctions following Gabon's reintegration into the AU. Bongo, 66, who is suspected to be in poor health, came to power in 2009, taking over from his father, Omar Bongo Ondimba, who ruled for 41 years. In 2016, he was narrowly reelected for a second term by a few thousand votes, beating opposition challenger Jean Ping after a campaign marred by bloody clashes and allegations of fraud. He suffered a stroke in October 2018 while on a visit to Saudi Arabia, and there was speculation about his health and fitness to govern when he returned home. His public appearances were rare, and the times when he spoke live outside the confines of the presidential palace were rarer still. Bongo ruled for 14 years until he was overthrown moments after being proclaimed the winner in a presidential election the army and opposition declared fraudulent.

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