• Eramet confirms its commitment to developing the local economies of its host countries by generating 2.7bn€ in direct economic contribution in 2024.
  • The Group’s investments in social initiatives in favor of local communities doubled, reaching 16.2 M€ for more than 260,000 beneficiaries
  • Eramet publishes its 2024 annual report on the Group’s financial transparency, drawn up in accordance with EITI methods.

In 2024, Eramet’s economic contribution will amount to 2.7bn€ in all the territories in which it operates. Local purchases account for two-thirds of this contribution, and salaries for around one-sixth. Taxes paid in the Group’s various operating territories amounted to 441 M€ in 2024.

16.2 M€ of community investment and sponsorship, a historic figure

Community investment for the benefit of local populations has doubled compared to the previous year, reaching the historic figure of 16.2 M€ in 2024. This amount, mainly driven by actions in Gabon (where investment amounted to 9 M€), benefited 260,000 people in all territories where the Group operates. Women and young people are the priority target groups for Eramet’s social initiatives

This amount includes all contributory and corporate philanthropy expenses incurred by companies in which Eramet is a shareholder. In particular, it includes the 11 projects deployed over 2 years as part of the “Eramet Beyond for Contributive Impacts” sponsorship program, which is part of the “Act for Positive Mining” CSR roadmap. These initiatives, which are distinct from economic contributions, complement and amplify the Group’s societal impact beyond its industrial activities, in the regions concerned.

Eramet is also publishing today its annual report on payments to governments in territories where Group subsidiaries are active in the extractive industry[1] , drawn up in accordance with EITI (Extractive Industries Transparency Initiative) methods. This “Report on the Group’s financial transparency at December 31, 2024” is available on the Group’s website.

[1] This balance sheet, drawn up in accordance with EITI (Extractive Industries Transparency Initiative) methods, mainly concerns taxes and royalties paid to States and Territories, as well as dividends paid to public shareholders in the capital of the parent company and subsidiaries.

Contributing to and supporting the development of our host territories is an integral part of our responsibility as a mining company. In 2024, we strengthened this commitment through high social impact projects, designed in partnership with local stakeholders, to better meet the needs of local populations. This commitment is a pillar of our “Act for Positive Mining” CSR roadmap. It reflects our determination to provide concrete support for the economic and social dynamics that are shaping the future of the towns and countries where we operate.

Virginie de Chassey
Director of Sustainable Development and Corporate Commitment