🇬🇦GabonCentral Africa
Eramet's first quarter 2026 growth driven by Gabon manganese and Argentine lithium
via Gabon Review2 min read
Eramet Group reported a 13% increase in its adjusted revenue for the first quarter of 2026, reaching 840 million euros. This growth was primarily fueled by higher manganese volumes in Gabon and the ramp-up of lithium production in Argentina. Despite macroeconomic headwinds, the company demonstrated solid operational performance. CEO Christel Bories highlighted the Group's ability to adapt and meet its objectives in a challenging economic environment. Gabon's operations were a key driver, with manganese ore transport via railway increasing by 16% to 1.6 million tons compared to the same period in 2025. This improvement is attributed to enhanced infrastructure and logistical optimization, particularly on the Transgabonais railway. External sales of manganese ore also rose by 10%, indicating robust demand. The manganese segment alone generated 464 million euros in revenue, a 2% increase, driven by higher volumes and prices, though partially offset by unfavorable exchange rates. Globally, Eramet benefited from a positive volume/mix effect of 15% and a favorable price effect of 7%, mainly for manganese. However, these gains were largely neutralized by a 9% decline in the dollar and increased input costs, including energy and transport. The group also noted geopolitical tensions, particularly in the Middle East, which could fuel inflationary pressures. Eramet's strategy focuses on safety, operational performance, and cash flow management. The company plans a financing initiative, i
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