Turnover: 5.01 billion EUR (2022)

Country: France

  • Eramet is a French mining and metallurgical company with operations on five continents and in 20 countries, and a workforce of 13,373 in 2021.
  • Eramet is one of the world's leading producers of alloy metals (such as nickel and manganese, used to improve the properties of steels), as well as high-performance alloys and special steels.
  • The group has numerous subsidiaries (Comilog, Eramine, Erasteel, SLN etc.)
  • The Group sold its subsidiary Aubert & Duvalen 2022.

News

Lithium: Eramet and Electricité de Strasbourg set out to conquer Alsace's white gold 06/12/2023

  • The "Ageli" project, which stands for Alsace géothermie lithium, aims to produce the equivalent of 10,000 tonnes of lithium carbonate by the end of the decade.000 tonnes of lithium carbonate, enough to cover the needs of 10% to 15% of France's future gigafactories and to equip 250,000 electric cars with batteries.
  • In Latin America, the French mining group uses a lithium sponge to capture the white metal contained in pumped brine. Once the white gold has been extracted, the water is reinjected. The Argentine project is expected to produce 24,000 tonnes of lithium per year.
  • In Alsace, the idea is to capture lithium by passing brine from the Rhine basin through the lithium sponge.
  • ES operates another geothermal power plant in Soultz-sous-Forêts, where Eramet has also conducted tests
  • Lithium becomes the key product for profitable geothermal projects

Eramet and Suez choose Dunkirk for future battery recycling plant 23/09/2023

  • The new industrial site for recycling electric car batteries will come on stream in 2027.
  • The recycling plant will be capable of processing 50,000 battery modules a year, equivalent to 200,000 electric car batteries.
  • By 2027, 90% of cobalt, copper and nickel, and 50% of lithium should be recycled, according to the requirements of future European regulations.
  • Less than 1% of lithium and rare earths are currently recovered.
  • from 2030 onwards, recycling is set to increase, due to the arrival of end-of-life car batteries.
  • Eramet has received a €70 million grant from the European Union and €10 million from Bpifrance.

Eramet refocuses on its mining activities 04/07/2023

  • Eramet is France's largest mining group.
  • Eramet has just finalized the sale of its subsidiary Erasteel to the Belgian investment fund Syntagma Capital.
  • Erasteel was created in 1992 and employs 850 people.
  • Erasteel generated sales of 275 million euros.
  • The sale by Eramet of its subsidiary Aubert & Duval was completed in April 2023.
  • Aubert & Duval employs 3,600 people.
  • Eramet has a strong presence in manganese, which accounts for 63% of their 2022 sales of 5 billion euros, nickel (28% of their sales), and mineralized sands (9% of their sales).

Eramet in good shape to invest in the ecological transition 29/03/2023

  • - Sales of just over 5 billion euros
  • - Operating profit (Ebitda) up 54% to 1.9 billion euros
  • - Net income, Group share of 740 million euros
  • - Net debt down 68% to 344 million euros
  • - Manganese mine to produce 7.5 million tonnes of ore by 2022
  • - Weda Bay nickel mine to produce over 21 million tonnes of ore by 2022
  • - Erasteel sales at 273 million euros
  • - Erasteel operating profit of €23 million
  • - Free cash flow from continuing operations of 824 million euros
  • - Sustained investment of 436 million euros
  • - Estimated cost of lithium project in Argentina at $700 million

Eramet reports a historic year thanks to record production 23/02/2023

  • The French mining group saw its sales rise by 37% to € 5.01 billion.
  • Earnings before interest, taxes, depreciation and amortization rose by 48% to €1.55 billion
  • Net income soared 148% to €740 million
  • Production of 21 million tonnes of nickel ore, with a target of 30 million tonnes by 2023
  • The Group continues to explore new nickel deposits in Indonesia and lithium deposits in Chile

Eramet: battery recycling pilot plant in Trappes 10/02/2023

  • Eramet Group 8,500 employees
  • Opening of a pilot plant for recycling electric car batteries
  • Developing a more efficient recycling chain for electric batteries destined for the European market
  • Recycling electric car batteries is a major element in the energy transition

Eramet launches a lithium-ion battery recycling pilot plant 07/04/2022

  • Eramet is to start building a pilot plant in Trappes (Yvelines) to test its refining process, the last stage before industrial launch.
  • The aim is to recycle, in a closed loop, the nickel, cobalt, manganese and lithium contained in the lithium-ion batteries used in electric vehicles
  • Eramet has signed an agreement with Norwegian company RECYCLIX to set up a joint venture (Eramet RECYCLIX) to recycle electric batteries and lithium cells.
  • Recycling rates to reach 95% by 2030

In February 2022, Eramet signed a memorandum of understanding for the sale of Aubert & Duval to a consortium comprising Airbus, Safran and Tikehau Ace Capital.

Financial Data

DUNS: 632045381

Legal Name: ERAMET

Address: 10 BD DE GRENELLE , 75015 PARIS 15

Number of employees: Entre 100 et 199 salariés (2019)

Capital: 87 702 893 EUR


Financial Data:

Year Turnover (€) Net Profit (€) Fiscal Year End Fiscal Year Duration
2020 842 313 000 EUR -907 356 000 EUR 31/12/2020 12
2019 731 954 000 EUR 4 697 000 EUR 31/12/2019 12
2017 634 119 000 EUR -17 730 000 EUR 31/12/2017 12
2016 585 089 000 EUR -165 554 000 EUR 31/12/2016 12

Studies mentioning this company

The titanium market - France

Other companies mentioned:

  • VSMPO-Avisma (Russie)
  • Eramet
  • Framatone
  • Airbus Groupe
  • Imet Alloys
  • Thales
  • Aubert et Duval
The battery market - France

Other companies mentioned:

  • Tesla
  • CATL
  • LG Chem
  • Theion
  • Verkor
  • Viridian Lithium
  • Green Corp Konnection GCK
  • Vulcan Energy
  • Blue Solutions (Bolloré Groupe)
  • Alteo
  • Iten
  • Panasonic
  • Tiamat Energy
  • Eramet
  • Tyva Energie
  • Li-Cycle
  • Limatech
  • Inocel
  • Glencore
  • Neogy (Startec Energy Groupe)
  • GS Yuasa
  • BYD
  • Foresee Power
  • Batteries Prod
  • Vélo Batterie- Batteries Prod
  • Toyota
  • Stellantis (Groupe PSA et Fiat)
  • Volkswagen Group
  • Audi (Volkswagen Group)
  • Tata Group
  • Bolloré
  • Mecaware
  • Nawa Technologies
  • BMW
  • Samsung Group
  • SK Group Korea
  • Nissan
  • Arkema groupe
  • Mob-Energy
  • Batconnect
The steel market - France

Other companies mentioned:

  • ArcelorMittal
  • Aperam Groupe - Aperam Stainless France
  • Eramet
  • China Baowu Group
  • Nippon Steel Trading Europe
  • Riva Acier France
  • Vallourec
  • Aubert et Duval
  • ThyssenKrupp
  • Ascometal
  • Industeel (Arcelor Mittal)
  • H2 Green Steel
  • Nippon Steel Corporation
  • Erasteel