Eramet Sa Unsp/Adr (ERMAY) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.940 Good morning, everyone, and welcome to Ehamet's half-year 2025 results. 00:00:05.940 -- 00:00:10.887 It is a great pleasure for me to be here, and once again, thank you for coming. 00:00:10.887 -- 00:00:15.651 Today, we will start, as always, with talking 00:00:15.834 -- 00:00:18.137 about safety. 00:00:18.137 -- 00:00:22.943 As you know, I mean, I've joined Ehamet just over two months ago, and since my arrival, 00:00:22.943 -- 00:00:27.387 I have been very positively impressed with the safety performance of the company. 00:00:27.387 -- 00:00:31.771 What we share with you there is a historical TRIFR 00:00:31.771 -- 00:00:33.433 since 2017. 00:00:33.433 -- 00:00:36.175 I just wanted to highlight this 00:00:36.175 -- 00:00:41.440 first half year result of 0.6, which continues to be very strong 00:00:41.440 -- 00:00:46.545 and well below the acceptable limit that we have set up in our CSR 00:00:46.545 -- 00:00:51.583 roadmap of one. We will continue to work We'll continue to work on 00:00:51.583 -- 00:00:56.530 the safety side because not only it is our first and most important value, but also because 00:00:56.530 -- 00:01:01.778 we strongly believe that having safety working, we will, of course, have very 00:01:01.778 -- 00:01:04.178 efficient operations. 00:01:04.381 -- 00:01:09.425 So to start our conversation today, I think 00:01:10.189 -- 00:01:15.557 I want to share with you that the performance for this first half was not at all 00:01:15.557 -- 00:01:20.957 in line with our ambitions. Thank you. operating performance varied a lot 00:01:20.957 -- 00:01:25.963 across the portfolio. I mean, if you look at manganese ore, we are 00:01:25.963 -- 00:01:31.450 slightly, we are pretty much in line, sorry, pretty much slightly below firs...