DOCSLIB.ORG

Y/Ref: Questionnaire on Aubert & Duval

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Y/Ref: Questionnaire on Aubert & Duval 1 Y/Ref: Questionnaire on Aubert & Duval. Dear Customer, We have duly received your questionnaire about our company. Given the diversity of our markets, we cannot unfortunately answer all the specific questionnaires that we receive. Moreover for confidentiality purposes, some data cannot be circulated. As a result, to answer your query, please find attached detailed background information about Aubert & Duval, ERAMET Group and its Alloys Division to which the company belongs. More information can be available on all the ERAMET (www.eramet.com) and Aubert&Duval (www.aubertduval.com) websites. This document will be updated at least once a year after the official publication of the Group results. We shall continue listening to your comments to complete or improve the next edition of this document. Yours faithfully, Denis HUGELMANN CEO Aubert & Duval DQ/DM 2017‐04‐26_Aubert & Duval Company Profile_v2017‐02_EN Ce document et les pièces ci‐joints sont la propriété d’AUBERT & DUVAL. Ils ne vous sont remis qu’en réponse à votre demande. Ce document et les données issues de ce document AUBERT & DUVAL ne peuvent être transmis à un tiers sans l’autorisation expresse préalable d’AUBERT & DUVAL. © AUBERT & DUVAL ‐ 2015 2 Table of Contents : GENERAL INFORMATION: .................................................................................................................................................... 3 KEY FIGURES: ........................................................................................................................................................................ 4 MAJOR MARKETS & CUSTOMERS: ........................................................................................................................................ 5 PRODUCTS: ........................................................................................................................................................................... 6 ADMINISTRATIVE INFORMATION: ........................................................................................................................................ 7 LOCATIONS: ........................................................................................................................................................................ 10 COMMERCIAL NETWORK: ................................................................................................................................................... 10 INNOVATION: ...................................................................................................................................................................... 11 QUALITY CERTIFICATION: .................................................................................................................................................... 12 PRI‐NADCAP: Accreditations for special process (2016‐08‐24) .......................................................................................... 13 QUALITY MANUAL (AD QMM version of 2016/10/01): ...................................................................................................... 14 OTHER STATEMENT & THIRD PARTY CERTIFICATION: ........................................................................................................ 15 CONFLICT MINERALS: 2017/01/27 .......................................................................................................................... 15 ASBESTOS: 2017/01/01 ........................................................................................................................ 20 NANO PARTICLES: 2017/01/01 ........................................................................................................................ 21 RADIOACTIVITY: 2017/01/01 ........................................................................................................................ 22 REACH: 2017/01/01 ........................................................................................................................ 23 ROHS: 2017/01/01 ........................................................................................................................ 24 ERAMET GROUP: ................................................................................................................................................................. 25 EXTRACT ERAMET 2015 REFERENCE DOCUMENT: ............................................................................................................. 26 DQ/DM 2017‐04‐26_Aubert & Duval Company Profile_v2017‐02_EN Ce document et les pièces ci‐joints sont la propriété d’AUBERT & DUVAL. Ils ne vous sont remis qu’en réponse à votre demande. Ce document et les données issues de ce document AUBERT & DUVAL ne peuvent être transmis à un tiers sans l’autorisation expresse préalable d’AUBERT & DUVAL. © AUBERT & DUVAL ‐ 2015 3 GENERAL INFORMATION: Company name: AUBERT & DUVAL Share capital: 152 564 928 € Foundation year: 1907 Legal form: Société par Actions Simplifiées (S.A.S) Membership: ERAMET Group (100%) see end of presentation Street adress: TOUR MAINE MONTPARNASSE ‐ 33, Avenue du MAINE ‐ ZIP code: 75755 City: PARIS CEDEX 15 Country: FRANCE Website: www.aubertduval.com European tax identification number: FR 73 380 342 808 APE code: 2410 Z ‐ Sidérurgie DUNS code: 767877558 NATO Code: FANU 1 Company profile contact: [email protected] Phone contact: +33 1 45 38 38 88 DQ/DM 2017‐04‐26_Aubert & Duval Company Profile_v2017‐02_EN Ce document et les pièces ci‐joints sont la propriété d’AUBERT & DUVAL. Ils ne vous sont remis qu’en réponse à votre demande. Ce document et les données issues de ce document AUBERT & DUVAL ne peuvent être transmis à un tiers sans l’autorisation expresse préalable d’AUBERT & DUVAL. © AUBERT & DUVAL ‐ 2015 4 KEY FIGURES: ERAMET Alloys Turnover sales (M€): 2016: 2015: 2014: 991 M€ 1 017 M€ 926 M€ Geographic Breakdown (%): France Europe excluding Americas Asia France 36 31 16 17 Manpower (to December31): 2016: 2015: 2014: 3765 3646 3873 Distribution of staff by socio‐prof. category (%): workers Technicians managerial staff 56 34 11 Distribution of staff by jobs (%): * Production Quality R&D / Technique Others 64 5 7 24 DQ/DM 2017‐04‐26_Aubert & Duval Company Profile_v2017‐02_EN Ce document et les pièces ci‐joints sont la propriété d’AUBERT & DUVAL. Ils ne vous sont remis qu’en réponse à votre demande. Ce document et les données issues de ce document AUBERT & DUVAL ne peuvent être transmis à un tiers sans l’autorisation expresse préalable d’AUBERT & DUVAL. © AUBERT & DUVAL ‐ 2015 5 MAJOR MARKETS & CUSTOMERS: High‐end products for demanding markets: • Aerospace: Landing gear, structural forgings, engines parts shafts, fasteners, ferrules rocket boosters, satellites tanks. • Energy: Discs and shafts for gas turbines, non‐magnetic rings for alternators, various parts and alloy steel bars / stainless steel / superalloys for the nuclear industry, Bars for bolts and turbine blades. Non‐magnetic steels for oil drilling, alloy steel parts for "riser" offshore platform. • Tool steels: Injection light alloys, glass, extrusion, plastic molding, forging. • Automotive – Transport: Valve steels, elements of diesel injectors, parts for motor racing. • Defense – Navy: Artillery tubes, bars and sheets for missiles, various parts, alloy steel / stainless steel / super alloys for nuclear submarines. • Medical: Protheses, medical equipment. Due to confidentiality agreements made with some of our customers, we are not able to publicize the list. DQ/DM 2017‐04‐26_Aubert & Duval Company Profile_v2017‐02_EN Ce document et les pièces ci‐joints sont la propriété d’AUBERT & DUVAL. Ils ne vous sont remis qu’en réponse à votre demande. Ce document et les données issues de ce document AUBERT & DUVAL ne peuvent être transmis à un tiers sans l’autorisation expresse préalable d’AUBERT & DUVAL. © AUBERT & DUVAL ‐ 2015 6 PRODUCTS: Product forms: ‐ Bars, ‐ Forgings, ‐ closed‐die forgings, ‐ Hipped parts, ‐ Powders for additive manufacturing. Aluminium parts ‐ Metal parts ‐ Steel parts : http://www.aubertduval.com/metal‐steel‐aluminium‐products/aluminium‐parts‐metal‐parts‐steel‐parts.html Shapes: ‐ High Performance Steels, ‐ Nickel base Superalloys, ‐ Titanium alloys, ‐ Aluminium alloys, ‐ Matallic Powders (Nickel‐base and Cobalt‐base alloys, high performance steels, Titanium alloys). Steels ‐ Superalloys ‐ Aluminum alloys ‐ Titanium alloys ‐ High speed steels: http://www.aubertduval.com/metal‐steel‐aluminium‐products/steels‐superalloys‐aluminum‐alloys‐titanium‐alloys.html See website: www.aubertduval.com DQ/DM 2017‐04‐26_Aubert & Duval Company Profile_v2017‐02_EN Ce document et les pièces ci‐joints sont la propriété d’AUBERT & DUVAL. Ils ne vous sont remis qu’en réponse à votre demande. Ce document et les données issues de ce document AUBERT & DUVAL ne peuvent être transmis à un tiers sans l’autorisation expresse préalable d’AUBERT & DUVAL. © AUBERT & DUVAL ‐ 2015 7 ADMINISTRATIVE INFORMATION: at December 31, 2016: Total Area Covered Site Manpower N° APE N° SIRET N° SIREN NATO code (Ha) Area (Ha) Paris N/A N/A 49 380 342 808 00041 380 342 808 (Head Office) Clermont‐Ferrand La Pardieu N/A N/A 105 380 342 808 Establishment Ancizes Plant 54 15 1462 2410 Z 380 342 808 00090 380 342 808 FANU1 Firminy Plant 22,4 4,6 232 2550 A 380 342 808 00124 380 342 808 FANU1 Imphy Plant 1,6 1,6 168 2550 A 380 342 808 00074 380 342 808 FANU1 Issoire Plant 6 2,2 394 2550 A 380 342 808 00108 380 342 808 FANU1 Pamiers Plant 22,5 6,4 1035 2550 A 380 342 808 00132 380 342 808
Load more

Recommended publications
  • Competition Policy
    ISSN 1025-2266 COMPETITION POLICY NEWSLETTER EC COMPETITION POLICY NEWSLETTER Editors: 2008 Æ NUMBER 3 Inge Bernaerts Kevin Coates Published three times a year by the Thomas Deisenhofer Competition Directorate-General of the European Commission Address: European Commission, Also available online: J-70, 04/136 http://ec.europa.eu/competition/publications/cpn/ Brussel B-1049 Bruxelles E-mail: [email protected] World Wide Web: http://ec.europa.eu/ competition/index_en.html I N S I D E : • The design of competition policy institutions for the 21st century by Philip Lowe • The new State aid General Block Exemption Regulation • The new Guidelines on the application of Article 81 of the EC Treaty to the maritime sector • The new settlement procedure in selected cartel cases • The CISAC decision • The Hellenic Shipyards decision: Limits to the application of Article 296 and indemnification provision in privatisation contracts MAIN DEVELOPMENTS ON • Antitrust — Cartels — Merger control — State aid control EUROPEAN COMMISSION Contents Articles 1 The design of competition policy institutions for the 21st century — the experience of the European Commission and DG Competition by Philip LOWE 12 The General Block Exemption Regulation (GBER): bigger, simpler and more economic by Harold NYSSENS 19 Rolling back regulation in the telecoms sector: a practical example by Ágnes SZARKA 25 The new Guidelines on the application of Article 81 of the EC Treaty to the maritime sector by Carsten BERMIG and Cyril RITTER 30 The new settlement procedure in selected
    [Show full text]
  • 2011 Registration Document Annual Financial Report SUMMARY
    2011 Registration Document Annual Financial Report SUMMARY 1 PRESENTATION OF THE GROUP 3 6 ADDITIONAL INFORMATION 227 1.1 Main key figures 4 6.1 Information about the Company 228 1.2 The Group’s strategy and general structure 5 6.2 Information about the share capital 232 1.3 Minerals 10 6.3 Shareholding 238 1.4 Minerals for Ceramics, Refractories, 6.4 Elements which could have an impact Abrasives & Foundry 17 in the event of a takeover bid 241 1.5 Performance & Filtration Minerals 26 6.5 Imerys stock exchange information 242 1.6 Pigments for Paper & Packaging 32 6.6 Dividends 244 1.7 Materials & Monolithics 36 6.7 Shareholder relations 244 1.8 Innovation 43 6.8 Parent company/subsidiaries organization 245 1.9 Sustainable Development 48 ORDINARY AND EXTRAORDINARY REPORTS ON THE FISCAL YEAR 2011 65 7 SHAREHOLDERS’ GENERAL MEETING 2 OF APRIL 26, 2012 247 2.1 Board of Directors’ management report 66 2.2 Statutory Auditors' Reports 77 7.1 Presentation of the resolutions by the Board of Directors 248 7.2 Agenda 254 7.3 Draft resolutions 255 3 CORPORATE GOVERNANCE 83 3.1 Board of Directors 84 3.2 Executive Management 103 PERSONS RESPONSIBLE FOR THE 3.3 Compensation 105 8 REGISTRATION DOCUMENT AND THE AUDIT 3.4 Stock options 109 OF ACCOUNTS 261 3.5 Free shares 114 8.1 Person responsible for the Registration Document 262 3.6 Specific terms and restrictions applicable to grants 8.2 Certificate of the person responsible to the Chairman and Chief Executive Officer 116 for the Registration Document 262 3.7 Corporate officers’ transactions in securities
    [Show full text]
  • Devoir De Vigilance: Reforming Corporate Risk Engagement
    Devoir de Vigilance: Reforming Corporate Risk Engagement Copyright © Development International e.V., 2020 ISBN: 978-3-9820398-5-5 Authors: Juan Ignacio Ibañez, LL.M. Chris N. Bayer, PhD Jiahua Xu, PhD Anthony Cooper, J.D. Title: Devoir de Vigilance: Reforming Corporate Risk Engagement Date published: 9 June 2020 Funded by: iPoint-systems GmbH www.ipoint-systems.com 1 “Liberty consists of being able to do anything that does not harm another.” Article 4, Declaration of the Rights of the Man and of the Citizen of 1789, France 2 Executive Summary The objective of this systematic investigation is to gain a better understanding of how the 134 confirmed in-scope corporations are complying with – and implementing – France’s progressive Devoir de Vigilance law (LOI n° 2017-399 du 27 Mars 2017).1 We ask, in particular, what subject companies are doing to identify and mitigate social and environmental risk/impact factors in their operations, as well as for their subsidiaries, suppliers, and subcontractors. This investigation also aims to determine practical steps taken regarding the requirements of the law, i.e. how the corporations subject to the law are meeting these new requirements. Devoir de Vigilance is at the legislative forefront of the business and human rights movement. A few particular features of the law are worth highlighting. Notably, it: ● imposes a duty of vigilance (devoir de vigilance) which consists of a substantial standard of care and mandatory due diligence, as such distinct from a reporting requirement; ● sets a public reporting requirement for the vigilance plan and implementation report (compte rendu) on top of the substantial duty of vigilance; ● strengthens the accountability of parent companies for the actions of subsidiaries; ● encourages subject companies to develop their vigilance plan in association with stakeholders in society; ● imposes civil liability in case of non-compliance; ● allows stakeholders with a legitimate interest to seek injunctive relief in the case of a violation of the law.
    [Show full text]
  • At the Centre of an Evolving Industrial World
    REGISTRATION AT THE CENTRE DOCUMENT 2011 OF AN EVOLVING INDUSTRIAL WORLD CONTENT 5.6. Major projects 130 1 Group overview 5 5.7. Responsibility for chemicals 133 5.8. Health and Safety 136 1.1. Group profi le 6 5.9. Human Resources 142 1.2. Key fi gures/Comments on the fi nancial year 7 5.10. Assurance report by one of the Statutory 1.3. History and development of the Company 12 Auditors on a selection of environmental, social and safety indicators 151 2 Activities 15 2.1. Group structure 16 6 Financial statements 153 2.2. The Nickel Division 16 6.1. 2011 consolidated fi nancial statements 154 2.3. The Manganese Division 26 6.2. 2011 separate fi nancial statements 233 2.4. Alloys Division 39 6.3. Consolidated fi nancial statements for 2010 2.5. Organisational Structure of ERAMET SA/ and 2009 260 ERAMET Holding company 48 6.4. Dividend policy 260 2.6. Activity of the Divisions in 2011 49 6.5. Fees paid to the Statutory Auditors 261 2.7. Production sites, plant and equipment 51 2.8. Research and Development/Reserves and Resources 52 7 Corporate and 3 share-capital information 263 Risk factors 65 7.1. Market in the Company’s shares 264 3.1. Commodity risk 66 7.2. Share capital 268 3.2. Special relationships with Group partners 66 7.3. Company information 275 3.3. Mining and industrial risks 68 7.4. Shareholders’ agreements 279 3.4. Legal and tax risks/Disputes 71 3.5. Liquidity, market and counterparty risks 73 3.6.
    [Show full text]
  • 2019 Annual Report Annual 2019
    a force for good. 2019 ANNUAL REPORT ANNUAL 2019 1, cours Ferdinand de Lesseps 92851 Rueil Malmaison Cedex – France Tel.: +33 1 47 16 35 00 Fax: +33 1 47 51 91 02 www.vinci.com VINCI.Group 2019 ANNUAL REPORT VINCI @VINCI CONTENTS 1 P r o l e 2 Album 10 Interview with the Chairman and CEO 12 Corporate governance 14 Direction and strategy 18 Stock market and shareholder base 22 Sustainable development 32 CONCESSIONS 34 VINCI Autoroutes 48 VINCI Airports 62 Other concessions 64 – VINCI Highways 68 – VINCI Railways 70 – VINCI Stadium 72 CONTRACTING 74 VINCI Energies 88 Eurovia 102 VINCI Construction 118 VINCI Immobilier 121 GENERAL & FINANCIAL ELEMENTS 122 Report of the Board of Directors 270 Report of the Lead Director and the Vice-Chairman of the Board of Directors 272 Consolidated nancial statements This universal registration document was filed on 2 March 2020 with the Autorité des Marchés Financiers (AMF, the French securities regulator), as competent authority 349 Parent company nancial statements under Regulation (EU) 2017/1129, without prior approval pursuant to Article 9 of the 367 Special report of the Statutory Auditors on said regulation. The universal registration document may be used for the purposes of an offer to the regulated agreements public of securities or the admission of securities to trading on a regulated market if accompanied by a prospectus or securities note as well as a summary of all 368 Persons responsible for the universal registration document amendments, if any, made to the universal registration document. The set of documents thus formed is approved by the AMF in accordance with Regulation (EU) 2017/1129.
    [Show full text]
  • IEA: the Role of Critical Minerals in Clean Energy Transitions
    The Role of Critical Minerals in Clean Energy Transitions World Energy Outlook Special Report INTERNATIONAL ENERGY AGENCY The IEA examines the full spectrum of IEA member countries: Spain energy issues including oil, gas and Australia Sweden coal supply and demand, renewable Austria Switzerland energy technologies, electricity Belgium Turkey markets, energy efficiency, access to Canada United Kingdom energy, demand side management Czech Republic United States and much more. Through its work, the Denmark IEA advocates policies that will Estonia IEA association countries: enhance the reliability, affordability Finland Brazil and sustainability of energy in its 30 France China member countries, 8 association Germany India countries and beyond. Greece Indonesia Hungary Morocco Please note that this publication is Ireland Singapore subject to specific restrictions that Italy South Africa limit its use and distribution. The Japan Thailand terms and conditions are available Korea online at www.iea.org/t&c/ Luxembourg Mexico This publication and any map included herein are Netherlands without prejudice to the status of or sovereignty New Zealand over any territory, to the delimitation of international frontiers and boundaries and to the Norway name of any territory, city or area. Poland Portugal Slovak Republic Source: IEA. All rights reserved. International Energy Agency Website: www.iea.org The Role of Critical Minerals in Clean Energy Transitions Foreword Foreword Ever since the International Energy Agency (IEA) was founded in world to anticipate and navigate possible disruptions and avoid 1974 in the wake of severe disruptions to global oil markets that damaging outcomes for our economies and our planet. shook the world economy, its core mission has been to foster secure This special report is the most comprehensive global study of this and affordable energy supplies.
    [Show full text]
  • De Beers' New Strategy
    Personal copy; not for onward transmission De Beers’ new td. pany L strategy om In what is described by its chairman, Instead, it aims to be the ‘supplier of Nicky Oppenheimer, as “one of the choice’. However, it currently sells ron & C most significant developments the dia- about two thirds of the world’s annual mond industry has seen since the supply of rough diamonds, and the Georgian House 1930s”, De Beers this week unveiled a mines that it manages contribute about oeb A 63, Coleman Street new strategy whereby it will abandon 40% of world production. Hence it L London EC2R 5BB Tel :+44 (0)20 7628-1128 its long-held role as custodian of the remains very much the dominant play- REGULATED BY THE SFA diamond market, and focus instead on er, and intends to continue to sell dia- boosting demand. Since the depression monds to selected clients through its years of the 1930s when the price of dia- regular sales or ‘sights’ held roughly monds slumped, De Beers has stock- every five weeks. piled the world’s surplus diamonds as a There will be some marked changes means of controlling supply (and though in how the sights are conducted. prices). Under the new strategy, the At present, they are characterised by stockpile is not being eliminated but it their opacity. The 125 selected will be substantially reduced – to a sightholders or diamantaires – it is esti- working level of around six months’ mated that as many as 900 diaman- supply, equivalent to some US$2.5 bil- taires are on the ‘waiting list’ – have no lion.
    [Show full text]
  • France in the South Pacific Power and Politics
    France in the South Pacific Power and Politics France in the South Pacific Power and Politics Denise Fisher Published by ANU E Press The Australian National University Canberra ACT 0200, Australia Email: [email protected] This title is also available online at http://epress.anu.edu.au National Library of Australia Cataloguing-in-Publication entry Author: Fisher, Denise, author. Title: France in the South Pacific : power and politics / Denise Fisher. ISBN: 9781922144942 (paperback) 9781922144959 (eBook) Notes: Includes bibliographical references. Subjects: France--Foreign relations--Oceania. Oceania--Foreign relations--France. France--Foreign relations--New Caledonia. New Caledonia--Foreign relations--France. Dewey Number: 327.44095 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying or otherwise, without the prior permission of the publisher. Cover design and layout by ANU E Press Printed by Griffin Press This edition © 2013 ANU E Press Contents Acknowledgements . vii List of maps, figures and tables . ix Glossary and acronyms . xi Maps . xix Introduction . 1 Part I — France in the Pacific to the 1990s 1. The French Pacific presence to World War II . 13 2. France manages independence demands and nuclear testing 1945–1990s . 47 3 . Regional diplomatic offensive 1980s–1990s . 89 Part II — France in the Pacific: 1990s to present 4. New Caledonia: Implementation of the Noumea Accord and political evolution from 1998 . 99 5. French Polynesia: Autonomy or independence? . 179 6. France’s engagement in the region from the 1990s: France, its collectivities, the European Union and the region .
    [Show full text]
  • Presentation Speaker
    Capital Markets Day 13th June 2019 POSITIONING IMERYS FOR PROFITABLE GROWTH Disclaimer More comprehensive information about Imerys may be obtained on its website (www.imerys.com), under Regulated Information, including its Registration Document filed under No. D.19-0175 March 20, 2019 with Autorité des Marchés Financiers. Imerys draws the attention of investors to the “Risk factors and Internal control” set forth in section 4 of the Registration Document. This document contains projections and other forward-looking statements. Investors are cautioned that such projections and forward-looking statements are subject to various risks and uncertainties (many of which are difficult to predict and generally beyond the control of Imerys) that could cause actual results and developments to differ materially from those expressed or implied. Photo credits: Imerys Photo Library, Reserved Rights, xxx. Capital Markets Day June 13, 2019 2 Capital Markets Day agenda TIME PRESENTATION SPEAKER 9:00am Welcome coffee 9:30am Imerys’ strengths and ambition Conrad KEIJZER – CEO 10:15am Imerys strategy for profitable growth Olivier HAUTIN – CSO 11:00am Break 11:30am Business areas presentations Conrad KEIJZER and SVPs 12:30pm Lunch break 13:30pm Capital allocation to ensure long term value creation Olivier PIROTTE – CFO 14:15pm Closing remarks Conrad KEIJZER – CEO 14:30pm Q&A Capital Markets Day June 13, 2019 3 Imerys’ strengths and ambition Conrad KEIJZER – Chief Executive Officer Capital Markets Day June 13, 2019 4 A new senior leadership team Who you will
    [Show full text]
  • Good Resilience of the Group in 2020, Thanks to Excellent Operational Performance and Strong Cash Generation in the Second Half
    Paris, 16 February 2021, 6:30 p.m. PRESS RELEASE Eramet: Good resilience of the Group in 2020, thanks to excellent operational performance and strong cash generation in the second half • Responsible crisis management • 2020 targets achieved for the Mining and Metals division: o 5.8 Mt of manganese ore produced (+22% vs 2019), more than 6 Mt of transported ore (+30%) in Gabon o 2.5 Mwmt of nickel ore exports in New Caledonia (+55%) o 3.4 Mwmt of nickel ore and 23.5 kt-Ni of ferroalloys produced in Indonesia • Costs control in the High-Performance Alloys division in H21 in very deteriorated aerospace and automotive markets (A&D costs down -24% vs Q1 2020) • EBITDA of €398m in 2020, with very strong growth in H2 (€278m) compared to H11 (€120m): o Nearly +€250m in intrinsic gains over the year, mainly thanks to the increase in manganese sales volumes and nickel ore exports o Nearly -€480m in negative impact of external factors, notably with a decrease in manganese ore (nearly -19%) and ferronickel (approximately -10%) prices as well as a profound and lasting aerospace crisis • Free Cash-Flow (“FCF”) close to break-even in 2020 thanks to strong cash generation in H2 (+€174m), reflecting structural progress, notably on WCR: o Favourable seasonality in mining activity in H2, marked by continued growth in volumes o First contribution of Weda Bay Nickel activity of up to nearly €60m in FCF in H2 o Return to FCF break-even for the High-Performance Alloys division in H2 (vs -€165m in H1), with a significant reduction in working capital requirement
    [Show full text]
  • Mining in Africa and the Middle East:A Legal Overview
    MINING IN AFRICA AND THE MIDDLE EAST A Legal Overview www.dlapiper.com | 01 CONTENTS Introduction ............................................................................................................................................................. 05 Algeria .........................................................................................................................................................................07 Angola ........................................................................................................................................................................ 09 Bahrain........................................................................................................................................................................11 Botswana ...................................................................................................................................................................13 Burkina Faso ..............................................................................................................................................................15 Democratic Republic of Congo ............................................................................................................................17 Egypt ...........................................................................................................................................................................19 Gabon .......................................................................................................................................................................
    [Show full text]
  • Unveiling New Strategy October 4, 2013 London Disclaimer
    Unveiling New Strategy October 4, 2013 London Disclaimer The information contained herein has been prepared using information available to OJSC MMC Norilsk Nickel (“Norilsk Nickel” or “NN”) at the time of preparation of the presentation. External or other factors may have impacted on the business of Norilsk Nickel and the content of this presentation, since its preparation. In addition all relevant information about Norilsk Nickel may not be included in this presentation. No representation or warranty, expressed or implied, is made as to the accuracy, completeness or reliability of the information. Any forward looking information herein has been prepared on the basis of a number of assumptions which may prove to be incorrect. Forward looking statements, by the nature, involve risk and uncertainty and Norilsk Nickel cautions that actual results may differ materially from those expressed or implied in such statements. Reference should be made to the most recent Annual Report for a description of major risk factors. There may be other factors, both known and unknown to Norilsk Nickel, which may have an impact on its performance. This presentation should not be relied upon as a recommendation or forecast by Norilsk Nickel, which does not undertake an obligation to release any revision to these statements. Certain market share information and other statements in this presentation regarding the industry in which Norilsk Nickel operates and the position of Norilsk Nickel relative to its competitors are based upon information made publicly available by other metals and mining companies or obtained from trade and business organizations and associations. Such information and statements have not been verified by any independent sources, and measures of the financial or operating performance of Norilsk Nickel’s competitors used in evaluating comparative positions may have been calculated in a different manner to the corresponding measures employed by Norilsk Nickel.
    [Show full text]