Eramet and its Gabonese subsidiary Eramet Comilog signed a memorandum of understanding (MoU) on Monday with the Gabonese government, targeting a road map to enable the processing of up to 700 kilotons per year of manganese ore by end-2031 in Gabon, the company said in a statement.
The nickel, manganese and lithium producer said the agreement is aimed at increasing the share of manganese ore processed by Eramet Comilog in the Central African country.
Eramet and its Comilog subsidiary will also commit to developing a local biochar production sector, it added.
As part of the MoU, Eramet and Eramet Comilog will also launch “Made in Gabon,” a seed fund that aims to create 3,000 jobs in the industrial sector.