• Eramet’s contribution to the economies of the regions in which it operates remained virtually stable at €3.1 billion in 2023, despite a 29% fall in sales (down 26% at a constant scope and exchange rates) over the year.
  • This contribution to local economic vitality includes a policy of support and guidance for local communities, in line with the Group’s CSR roadmap, entitled “Act for positive mining 2024 – 2026”. Over 270,000 people have benefited from the Group’s social initiatives, with a total investment of more than €8 million.

The Group’s economic contribution across all the territories in which it operates reached €3 billion in 2023. Over the same period, Group sales totalled €3.8 billion. Local purchasing accounted for two-thirds of this contribution, and salaries for around one-sixth. Taxes and dividends paid in the various territories in which the Group operates amounted to €687M in 2023, compared with €480M in 2022.

Community investment for local communities totalled more than €8M in 2023, benefiting more than 270,000 people, particularly young people and women, who are the priority target groups for the Group’s social initiatives. This amount includes all proactive community spending on sites where Eramet is a shareholder, as well as significant support for development initiatives. This amount does not include spending on managing the negative environmental and social impact of the Group’s operations.

Today, Eramet is also publishing its annual report, using EITI (Extractive Industries Transparency Initiative) methods, on payments to governments in territories where the Group’s subsidiaries are active in the extractive industry1 . This “Report on the Group’s financial transparency at December 31, 2023” is available on the Group’s website.

1 This overview, drawn up in accordance with EITI (Extractive Industries Transparency Initiative) methods, mainly concerns taxesand duties paid to national and local governments, as well as dividends paid to public shareholders of the parent company and subsidiaries.

In 2023, we maintained our commitment to promoting a positive and sustainable impact in the areas where our production and research sites are located. These contributions reflect our commitment to strengthening local economies and improving the quality of life in our communities. We are determined to build on this momentum in line with our ambition to process mineral resources responsibly, and to become a benchmark CSR player in the mining sector.

Virginie de Chassey
Director of Sustainable Development and Corporate Commitment