Chair and CEO Christel Bories will be joined by other Executive Committee members: Nicolas Carré, Chief Financial Officer, Geoff Streeton, Chief Development Officer, Kleber Silva, Chief Operating Officer and Virginie De Chassey, Chief Sustainability and External Affairs Officer. They will present the Group’s repositioning and “A New ERA”’s strategy, as well as the new CSR roadmap.

  • Successful and ambitious transformation delivered over the past six years, strategically repositioning Eramet as a pure mining & metals player and a key contributor to a sustainable future in the new era of metals.
  • World-class mining assets positioned in the first quartile of the cost curves, in manganese, nickel, mineral sands and lithium, underpinning “A New ERA”’s strategy based on two axes:
    • Growing in metals supporting global economic development,
    • Sustainably developing critical metals for the energy transition.
  • Launching Eramet’s new roadmap “Act for positive mining”: an ambition at the heart of Eramet’s strategy and fully embedded in its operations.
  • Continuing to progress on projects developing critical metals for the energy transition: investment decision made for Centenario Phase 2, with the first tranche recently approved by Eramet’s Board of Directors.
  • Preparing for future growth: recent acquisition of a large package of mining concessions in the Atacama region of northern Chile for an upfront payment of $95m. These concessions cover a highly prospective cluster of lithium salars.
  • Strong operational targets on an annual basis by 2026:
    • 8.5 Mt of manganese ore produced and transported in Gabon, with 10 Mt potential over the long-term,
    • 60 Mwmt of nickel ore volumes sold at Weda Bay in Indonesia,
    • >1.0 Mt of mineral sands (HMC) produced at GCO in Senegal,
    • 24 kt battery-grade lithium (LCE produced in Argentina (Centenario, Phase 1), with c.30 kt-LCE additional volumes mid-term (Phase 2, 1st tranche).
  • Robust financial structure enabling the deployment of a capex plan of c.€1.9bn over 2024-2026 to sustain cash-generating assets as well as to fuel future growth, primarily in the energy transition.
  • Maintaining an Adjusted leverage below 1x on average through the cycle, with a temporary deviation above this threshold during the near-term investment period.

Eramet’s first Capital Markets Day celebrates the achievements of our transformation and marks the beginning of an exciting new chapter of success for the Group and all its stakeholders.

Over the past six years, we have repositioned the Group into a pure leading mining and metals company with a diversified portfolio of world-class assets and a more agile organization, driven
by a strong corporate purpose: to become a reference for the responsible transformation of the earth’s mineral resources for living well together.

With this successful repositioning and its strategy focused on metals needed for economic development and the energy transition, Eramet is particularly well positioned to take full advantage of the unique period ahead in a world that will need more and more metals, and thus to create value in a sustainable way.

With a portfolio of long-life high-grade deposits, a robust financial profile, a strategy aligned with macro trends and an ambitious new CSR roadmap, the Group is poised to further drive its momentum in this new era of metals.

Christel BORIES
Group Chair and CEO