Eramet Jumps 6% at Midday, Boosted by Lithium Recovery
On January 13, 2026, Eramet's stock surged by 6% at midday, benefiting from a significant rebound in lithium prices which reached 152,000 CNY per ton in China. The mining group is capitalizing on the ramp-up of its lithium carbonate plant in Argentina amid strong demand for energy storage.
Midday Stock Performance and Technical Indicators
At midday on Tuesday, January 13, 2026, Eramet's stock price rose by 6% to 77.75 euros, up from 73.35 euros the previous day. Over the week, the performance has now reached 18.52%, marking an acceleration of the upward trend after several consecutive sessions of gains. The stock has shown a year-on-year increase of 43.05%, illustrating a significant turnaround from the difficulties seen in 2024 and early 2025. Trading volumes remain low with 0.28% of the capital traded, indicating moderate activity at midday. Technically, the RSI has reached 97, an extreme overbought level suggesting a possible pause or consolidation in the very short term. The MACD histogram shows a positive value of 1.93, resulting from a MACD line at 5.22 significantly above the signal line at 3.28, confirming a strong bullish momentum. The price is well above its 50-day moving average at 55.05 euros and its 200-day moving average at 52.10 euros, validating a solidly established medium-term bullish trend.
Spectacular Rebound Amid Rising Lithium Prices
Eramet's spectacular rebound occurs in a context of sharp increases in lithium prices, a strategic material for electric vehicle batteries. Lithium reached 152,000 CNY per ton on January 12, 2026, with a month-on-month increase of 55% and a year-on-year increase of 87%. This surge in lithium prices directly benefits the Eramet Group, which continues to ramp up its Centenario lithium carbonate plant in Argentina. Lithium production reached 2,080 tonnes in the third quarter of 2025, with a target of 4 to 7 kt-LCE for the year. The rebound is driven by strong demand for energy storage and supply restrictions in China, where authorities have canceled 27 mining permits in Jiangxi province. These measures aim to prevent overproduction and price deflation observed in 2023 and 2024. However, the mining group still faces structural challenges in its manganese and nickel activities, affected by weak macroeconomic demand and logistical issues in Gabon. On December 9, 2025, Oddo BHF raised its price target from 44 euros to 47 euros while maintaining an underperform rating, highlighting analysts' caution despite the ReSolution restructuring program aiming for an Ebitda improvement of 130 to 170 million euros within two years.
