Eramet is a French multinational mining and metallurgy company, listed on the Euronext Paris exchange under the symbol ERA. The company produces non-ferrous metals and derivatives, nickel alloys and superalloys, and high-performance special steels. 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. It is also a major producer of manganese from mines in Gabon. Eramet's chairman and CEO as of 2017 was Christel Bories and its headquarters is in Paris.

History

The company was founded with the funding of the Rothschild family (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 France was owned by Eramet and formed part of its alloy division. The subsidiary was purchased by a consortium of Airbus, Safran 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:

Global presence

Eramet’s 47 sites are divided across the five continents as follows:

Joint Ventures

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.