Eramet: agreement on financial guarantees for SLN
As a reminder, SLN is required to provide financial guarantees to the relevant Caledonian provinces to ensure the reclamation and rehabilitation of mining sites after their definitive closure, should it be unable to carry out these operations.
Given its financial situation, SLN has been unable to provide these guarantees on its own since 2020. Since that date, Eramet has substituted itself for SLN to provide these guarantees, which constitute off-balance sheet commitments.
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