Eramet is a French multinational

mining Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the econom ...

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 sc ...

company, listed on the

Euronext Paris Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam, Lisbon, and Brussels exchanges in September 2000 to form Euronext NV. As of 2022, the 795 companies listed had a combined marke ...

exchange under the symbol ERA. The company was founded with the funding of the

Rothschild family The Rothschild family ( , ) is a wealthy Ashkenazi Jewish family originally from Frankfurt that rose to prominence with Mayer Amschel Rothschild (1744–1812), a court factor to the German Landgraves of Hesse-Kassel in the Free City of Fr ...

(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. The company produces non-ferrous metals and derivatives,

nickel Nickel is a chemical element with 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 slow t ...

alloy An alloy is a mixture of chemical elements of which at least one is a metal. Unlike chemical compounds with metallic bases, an alloy will retain all the properties of a metal in the resulting material, such as electrical conductivity, ductili ...

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. Several key characteristics of a superalloy are excellent mechanical strength, resistance to thermal creep deformation, ...

s, and high-performance special

steel Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistan ...

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 ) , anthem = "" , image_map = New Caledonia on the globe (small islands magnified) (Polynesia centered).svg , map_alt = Location of New Caledonia , map_caption = Location of New Caledonia , mapsize = 290px , subdivision_type = Sovereign st ...

. It is also a major producer of

manganese Manganese is a chemical element with the Symbol (chemistry), symbol Mn and atomic number 25. It is a hard, brittle, silvery metal, often found in minerals in combination with iron. Manganese is a transition metal with a multifaceted array of ...

from mines in

Gabon Gabon (; ; snq, Ngabu), officially the Gabonese Republic (french: République gabonaise), is a country on the west coast of Central Africa. Located on the equator, it is bordered by Equatorial Guinea to the northwest, Cameroon to the nort ...

. 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 P ...

France is owned by Eramet and forms part of its alloy division. Eramet's chairman and CEO is Christel Bories and its headquarters is in

Paris Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Si ...

Activities

Eramet is organised into three activities: * ERAMET

Manganese Manganese is a chemical element with the Symbol (chemistry), symbol Mn and atomic number 25. It is a hard, brittle, silvery metal, often found in minerals in combination with iron. Manganese is a transition metal with a multifaceted array of ...

(48% of the group's turnover): Eramet's subsidiary Comilog extracts manganese in the Moanda mine in Gabon 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 at least one is a metal. Unlike chemical compounds with metallic bases, an alloy will retain all the properties of a metal in the resulting material, such as electrical conductivity, ductili ...

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

Nickel Nickel is a chemical element with 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 slow t ...

(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 * 7 in North America * 2 in Latin America * 4 in Africa

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

* 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 {{manufacturing-company-stub