The transaction did not involve the company itself and it would not result in changes to the group’s board or operation.
While details aren’t clear, the agreement is likely to see Botswana increase its stake to around 25%, sourced told Bloomberg.
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The full impact of the strike is expected to be felt in November, when production could fall by half, the unions said.
The group chose the French state's proposal to secure Eramet's financial position and supply of strategic metals to Europe.
The South Asian nation, which planned last year to add 97 GW of coal power capacity to reach 307 GW by 2035, currently has about 230 GW of capacity. “Now, probably it will go up ...