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Last updated : 15/09/2026 - 17h35
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Eramet: Fire at its Senegalese Site, Production Halt Expected

A fire broke out on the afternoon of February 22 at the Wet Concentration Plant (WCP) of Eramet's Grande Côte site in Senegal. The incident, which was controlled on the same day without any casualties, will lead to a complete shutdown of the site by the end of March 2026 for an indefinite period.


Eramet: Fire at its Senegalese Site, Production Halt Expected

Details of the Incident

The fire occurred on February 22 in the afternoon at the WCP (Wet Concentration Plant) of the Eramet Grande Côte site, located in Senegal. The fire was controlled and completely extinguished around 8 PM on the same day, without any casualties or injuries. The fire was confined to the facilities of the first stage of the WCP screening process, the wet concentration unit where heavy minerals are separated from the extracted sand. The facilities of the second stage of the process, including the mineralized sand separation spirals, were not affected. The MSP (Mineral Separation Plant), a downstream unit located on land about ten kilometers from the WCP, was not affected by the incident. The shutdown of the WCP interrupts the production process and will lead to the shutdown of the entire site by the end of March 2026, for a long period whose duration remains undetermined at this stage.

Ongoing Investigations and Impact on Operations

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Technical investigations are underway to determine the circumstances of the fire and to assess the condition of the affected facilities. As a result, Eramet Grande Côte has notified its concerned clients and suppliers about the activation of force majeure clauses provided in its contracts. The Group has also decided to suspend its 2026 guidance on the production of HMC (Heavy Mineral Concentrate). The Group had communicated a production guidance of more than 900 kt-HMC in 2026, generally stable compared to 2025. An update on this guidance will be communicated as soon as the investigations provide better visibility and allow for a precise quantification of the effects on EGC's production. The teams responsible for the technical investigation have secured the facilities and are mobilized to manage the situation. An evaluation of the consequences on the organization of the teams is underway to define suitable support measures. A specific mechanism has been activated to ensure continuous communication with the local communities, including regular information updates.

Uncertainty Over Duration of Shutdown

The exact duration of the site shutdown remains undetermined at this stage. The precise financial impact of the incident on the production and results of the group has not been provided in the statement. Technical investigations are still ongoing to determine the exact circumstances of the fire and to assess the complete state of the affected facilities.

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Sector Métaux et mines Métaux & mines


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 1 545 millions d'euros
  • Quarterly revenue: 1 545 millions d'euros
  • EBITDA: 31 millions d'euros
  • EBITDA margin: 11,6 %
  • Net income: -195 millions d'euros
  • 1 868 millions d'euros
Guidance from the release
  • Rebond de l'EBITDA au S1 2026 ; réalisation en cours du plan de financement, essentiel pour le Groupe au S2

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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