Eramet is a French multinational

mining Mining is the Resource extraction, extraction of valuable geological materials and minerals from the surface of the Earth. Mining is required to obtain most materials that cannot be grown through agriculture, agricultural processes, or feasib ...

and

metallurgy Metallurgy is a domain of materials science and engineering that studies the physical and chemical behavior of metallic elements, their inter-metallic compounds, and their mixtures, which are known as alloys. Metallurgy encompasses both the ...

company, listed on the

Euronext Paris Euronext Paris, formerly known as the Paris Bourse (), is a regulated securities trading venue in France. It is Europe's second largest stock exchange by market capitalization, behind the London Stock Exchange, as of December 2023. As of 2022, th ...

exchange under the symbol ERA. The company produces

non-ferrous metals In metallurgy, non-ferrous metals are metals or alloy An alloy is a mixture of chemical elements of which in most cases at least one is a metal, metallic element, although it is also sometimes used for mixtures of elements; herein only meta ...

and derivatives,

nickel Nickel is a chemical element; it has symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel is a hard and ductile transition metal. Pure nickel is chemically reactive, but large pieces are slo ...

alloy An alloy is a mixture of chemical elements of which in most cases at least one is a metal, metallic element, although it is also sometimes used for mixtures of elements; herein only metallic alloys are described. Metallic alloys often have prop ...

s and

superalloy A superalloy, or high-performance alloy, is an alloy with the ability to operate at a high fraction of its melting point. Key characteristics of a superalloy include mechanical strength, thermal creep deformation resistance, surface stability, ...

s, and high-performance special

steel Steel is an alloy of iron and carbon that demonstrates improved mechanical properties compared to the pure form of iron. Due to steel's high Young's modulus, elastic modulus, Yield (engineering), yield strength, Fracture, fracture strength a ...

s. Through its subsidiary Société Le Nickel (SLN), the company has its historical roots in nickel mining, and for over 100 years has maintained a large mining operation in the French overseas territory of

New Caledonia New Caledonia ( ; ) is a group of islands in the southwest Pacific Ocean, southwest of Vanuatu and east of Australia. Located from Metropolitan France, it forms a Overseas France#Sui generis collectivity, ''sui generis'' collectivity of t ...

. It is also a major producer of

manganese Manganese is a chemical element; it has Symbol (chemistry), symbol Mn and atomic number 25. It is a hard, brittle, silvery metal, often found in minerals in combination with iron. Manganese was first isolated in the 1770s. It is a transition m ...

from mines in

Gabon Gabon ( ; ), officially the Gabonese Republic (), is a country on the Atlantic coast of Central Africa, on the equator, bordered by Equatorial Guinea to the northwest, Cameroon to the north, the Republic of the Congo to the east and south, and ...

. Eramet's chairman and CEO as of 2017 was Christel Bories and its headquarters is in

Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci ...

History

The company was founded with the funding of the

Rothschild family The Rothschild family ( , ) is a wealthy Ashkenazi Jews, Ashkenazi Jewish noble banking family originally from Frankfurt. The family's documented history starts in 16th-century Frankfurt; its name is derived from the family house, Rothschild, ...

(although they were careful to avoid being listed as founders of the company) in 1880. With discretion, the family took full control of the company in 1890. Between 1907 and 2007 the Aubert & Duval organization of

Issoire Issoire (; Auvergnat: ''Issoire'', ''Ussoire'') is a commune in the Puy-de-Dôme department in Auvergne in central France. Geography Issoire is located on the river Couze, near its confluence with the Allier, SSE of Clermont-Ferrand on the ...

France was owned by Eramet and formed part of its alloy division. The subsidiary was purchased by a consortium of

Airbus Airbus SE ( ; ; ; ) is a Pan-European aerospace corporation. The company's primary business is the design and manufacturing of commercial aircraft but it also has separate Airbus Defence and Space, defence and space and Airbus Helicopters, he ...

Safran Safran S.A. () is a French Multinational corporation, multinational aerospace, defence industry, defence and computer security, security corporation headquartered in Paris. It designs, develops and manufactures both commercial and military airc ...

and Tikehau Capital. In 2023, a worldwide fall in nickel prices exacerbated shortfalls in SLN's balance sheets, with ERAMET and the French government refusing to subsidise SLN.

Activities

Eramet is organised into three activities: * ERAMET

Manganese Manganese is a chemical element; it has Symbol (chemistry), symbol Mn and atomic number 25. It is a hard, brittle, silvery metal, often found in minerals in combination with iron. Manganese was first isolated in the 1770s. It is a transition m ...

(48% of the group's turnover): Eramet's subsidiary Comilog extracts manganese in the

Moanda Moanda may refer to * Moanda, Democratic Republic of the Congo, a town in the Democratic Republic of the Congo * Moanda, Gabon, a town in Gabon ** Moanda railway station, a train station in Moanda, Gabon ** Moanda Airport, an airport in Moand ...

mine in

and then transforms it in its metallurgical and chemical factories located in China, in Europe and in the United States. * ERAMET

Alloy An alloy is a mixture of chemical elements of which in most cases at least one is a metal, metallic element, although it is also sometimes used for mixtures of elements; herein only metallic alloys are described. Metallic alloys often have prop ...

s (32% of the group's turnover): Eramet elaborates special steels and superalloys as well as wrought pieces for the aeronautical and energy sectors. * ERAMET

Nickel Nickel is a chemical element; it has symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel is a hard and ductile transition metal. Pure nickel is chemically reactive, but large pieces are slo ...

(20% of the group's turnover): Eramet's subsidiary, Le Nickel-SLN extracts nickel in five mines in

, mainly to produce stainless steel.

Global presence

Eramet’s 47 sites are divided across the five continents as follows: * 22 in Europe, among which 13 in France * 13 in Asia and Pacific * 7 in North America * 2 in Latin America * 4 in Africa

Joint Ventures

* In 2012 Eramet subsidiary Aubert & Duval teamed up with Setforge and

QuEST A quest is a journey toward a specific mission or a goal. It serves as a plot device in mythology and fiction: a difficult journey towards a goal, often symbolic or allegorical. Tales of quests figure prominently in the folklore of every nat ...

to start SQUAD, a closed-die forging company in India

Corporate governance

Christel Bories, Eramet’s CEO, is at the head of the Board of Directors, which comprises nineteen members appointed for four years. The Executive Committee has eight members.

References

External links

*
Eramet rethinks its African mining strategy
Africa Intelligence, June 9, 2023 (requires free registration) {{Authority control, state=expanded Mining companies of France Nickel mining companies Companies of New Caledonia Companies established in 1880 French companies established in 1880 Privatized companies of France Companies listed on Euronext Paris Companies based in Paris