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French mining and metallurgical group Eramet said on Wednesday that it has partially restarted production of heavy mineral concentrate at its plant in Senegal. The restart comes as the company seeks to mitigate a hit to its revenue from a fire that occurred in February.
The affected plant is now operating at about one-third of its nominal capacity, according to the company's announcement. Eramet said it aims to return to full production levels by the first quarter of 2027, once reconstruction of the damaged facilities is completed.
Having paused its original mineral sands production target after the fire, Eramet has revised its 2026 output expectations for the site. The company now expects to produce between 300,000 and 400,000 metric tons of heavy mineral concentrate this year.
This revised target is significantly lower than the earlier goal of 900,000 tons set before the fire disrupted operations. The sharp reduction reflects the lasting impact of the February incident on the plant's production capabilities.
The disruption has also weighed on market sentiment, with Eramet shares falling about 1.5% in early trading following the announcement. That decline pushed the stock's year-to-date loss to 5.3%, according to market data.
