Paris, September 9, 2021, 5:45 p.m. PRESS RELEASE Eramet: Validation of the Group's CO2 emissions reduction target by the SBTi A validation awarded by the international consortium Science Based Targets initiative, an independent benchmark body encouraging businesses to take part in the fight against global warming by setting targets for reducing their greenhouse gas emissions. A new step that paves the way for carbon [...]
Paris, September 8th 2021, 5:45 pm PRESS RELEASE Eramet: Signature of an agreement with Meridiam and the Gabonese State regarding their acquisition of an equity interest in Setrag, operator of the Transgabonese railway Opening of 40% of the capital of Setrag, Comilog's subsidiary, to Meridiam, a private investor, specialising in long-term management of sustainable public infrastructure Disposal of 9% of the capital held [...]
Paris, 30 July 2021, 7:00 a.m. PRESS RELEASE Sibanye Stillwater grants Eramet a put option for the acquisition of its Sandouville hydrometallurgical plant in France Contemplated sale of Sandouville refinery based on attractive value terms and expected to generate a positive impact on Eramet's results and cash position New prospects for the employees and the site which continues its turnaround Transaction in line with the [...]
Paris, July 28 2021, 6:15 p.m. PRESS RELEASE Eramet: Strong increase in first-half results Strong increase in Group EBITDA to €293m in H1 2021, including intrinsic progress of more than €110m Positive Free Cash-Flow of €111m; reduction in net debt to €1.2bn at 30 June 2021 Net income, Group share at €53m Stable manganese ore prices. Favourable price environment for manganese alloys and nickel, partly offset by the strong [...]
Paris, June 30, 2021, 5.45 pm PRESS RELEASE Eramet: meaningful economic and social contributions to local communities in 2020 An overall contribution of €1.4 billion to the economy of local communities. Major support for the economic development of local communities: more than €910 million in local purchases and more than €350 million in payroll. More than 30,000 people assisted via community-focused social initiatives [...]
Paris, June 22, 2021, 8.30 am PRESS RELEASE CSR: Eramet once again in the top 3 of the 2021 Mining and Metals European ranking published by Vigeo-Eiris 3rd company among the 44 companies in the European mining and metals panel of Vigeo-Eiris1, with an "Advanced" performance level. Overall score of 66/100 which places Eramet in the 1st decile as in the previous assessment carried out in 2019. Progression of the rating in [...]
Eramet's Combined General Shareholders' Meeting, which took place behind closed doors on May 28, 2021 in Paris under the chairmanship of Ms. Christel Bories, Chair and CEO of Eramet, approved the registration of the purpose in article 3 of the company's statutes 1. As Christel Bories notes: "Our purpose sets a course. By including it in the company's statutes, we are taking a decisive step in Eramet's transformation [...]
Eramet's Combined General Shareholders' meeting was held behind closed doors on 28 May 2021 in Paris under the chairmanship of Ms. Christel Bories, Chair and CEO of Eramet, in application of French order no. 2020-321 of 25 March 2020, and French decree no. 2020-418 of 10 April 2020, as reviewed by French order 2020-1497 of 2 December 2020, and French decree no. 2021-255 of 9 March 2021, and in accordance with all [...]
Consolidated turnover of €838m in Q1 2021, up 8% versus Q1 2020, driven by the strong growth in the Mining and Metals division of which +9% in volume and +9% in price 1, and despite a decline in sales for the High-Performance Alloys division Very good operating performance of historic mining activities, in a quarter with traditionally unfavourable seasonality: 1.5 Mt in manganese ore produced in Gabon 1.1 Mwmt of ore [...]
During its meeting on 30 March 2021, the Board of Directors unanimously approved the resolutions which will be put to the vote at the General Meeting of Shareholders to be held on 28 May. The Board of Directors unanimously proposes to the General Meeting of Shareholders to renew Christel Bories' term of office as director for a four-year period and indicates that it will also propose Christel Bories' appointment as Chair [...]
Responsible crisis management 2020 targets achieved for the Mining and Metals division: 5.8 Mt of manganese ore produced, more than 6 Mt of transported ore in Gabon 2.5 Mwmt of nickel ore exports in New Caledonia 3.4 Mwmt of nickel ore and 23.5 kt-Ni of ferroalloys produced in Indonesia Costs control in the High-Performance Alloys division in H21 in very deteriorated aerospace and automotive markets EBITDA of €398m in [...]
Eramet and Tronox Holdings plc. signed an agreement on 14 May 2020 for the sale of 100% of the shares of TTI, TiZir’s Norwegian plant, to Tronox. As announced to the market on January 4th, 2021, the UK Competition and Markets Authority decided to refer the proposed acquisition to a Phase 2 investigation unless an offer of satisfactory remedies is made by Tronox. Eramet has learned today that, despite Tronox's proposal of [...]