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Company Profile

Eramet

Eramet is a French multinational mining and metallurgy company, listed on the Euronext Paris exchange under the symbol ERA.

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. In 2024–2025 Eramet lost a bid to associate with Chile's National Mining Enterprise (ENAMI) in the lithium mining project of Salares Altoandinos. Subsequently it became embroiled in a legal battle with ENAMI over access rights in the project area. == Activities ==
Activities
Eramet is organised into three activities: • ERAMET Manganese (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 Alloys (32% of the group's turnover): • ERAMET Nickel (20% of the group's turnover): == Global presence ==
Global presence
Eramet’s 47 sites are divided across the five continents as follows: == Corporate governance ==
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. == Controversies ==
Controversies
Indonesia operations Eramet has business interests in Halmahera island in Indonesia, where mining is threatening the survival of the uncontacted Togutil people, also known as the Hongana Manyawa. Eramet manages operations at the PT Weda Bay Nickel mine, the largest nickel mine in the world. Weda Bay Nickel has the largest mining concession on Halmahera island and more than three-quarters of that concession overlaps with the territories of uncontacted Hongana Manyawa people. According to Survival International, there are around 3,500 Hongana Manyawa, and around 500 of them are uncontacted and refuse interactions with outsiders. In October 2023, a video was released that showed uncontacted Hongana Manyawa warning logging companies to stay away from their lands as bulldozers destroyed their forest. In June 2024, footage emerged of hungry members of the Hongana Manyawa asking miners at the Weda Bay Nickel mine for food after being forced off their lands. In November 2025, a member of the Hongana Manyawa people of the Halmahera island led a protest outside Eramet's headquarters in Paris. Ngigoro, who was born uncontacted in the Indonesian rainforest, said he had travelled to France to confront French Eramet over the destruction of his people’s land. He told the Morning Star: “If they don’t stop the mining, my uncontacted relatives will die. The companies are getting rich from our deaths.” Senegal operations Eramet is also active in mineral sands mining in West Africa through its subsidiary Eramet Grande Côte, based in Senegal. Since 2014, this operation has extracted and processed heavy mineral sands along the Atlantic coast north of Dakar, producing zircon and titanium-bearing minerals such as ilmenite, rutile and leucoxene for export. The project has caused environmental degradation and community tensions, especially in the Grand Côte area. ==References==
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