Eramet

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:
 * 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 elaborates special steels and superalloys as well as wrought pieces for the aeronautical and energy sectors.
 * ERAMET Nickel (20% of the group's turnover): Eramet's subsidiary, Le Nickel-SLN extracts nickel in five mines in New Caledonia, 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 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.