A report in the Financial Times indicates that Orion Critical Mineral Consortium, an investment fund, is considering a move on French mining group Eramet. Eramet recently reported a net loss exceeding €450 million for the past year. The company was granted permission in late May to launch a capital increase of €500 million in an effort to improve its financial standing. This capital raise has drawn attention, raising questions about potential beneficiaries of the company’s restructuring. Orion’s interest comes as Eramet seeks to navigate ongoing financial challenges and potentially attract investment. The fund’s intentions remain undisclosed, but a takeover or significant stake acquisition is possible. The situation is being closely watched by industry analysts.