Type: Press release

Eramet and carbon recycling specialist Lanzatech today announced the launch of a brand new project to decarbonize our manganese alloy production activities. Phase 1 of the project will focus on carbon capture, storage and utilization (CCU). Specifically, the gases emitted by the pyrometallurgical furnaces at Eramet Norway's plant in the Herøya industrial park in [...]

Adjusted turnover[i] of €809m, down 17% versus Q3 2023, reflecting a negative volume effect (‑43%), partly offset by a positive price effect (+26%)Decrease in volumes sold for the Group’s main mining activities, except mineral sands:Depressed market conditions for carbon steel in China in Q3, leading to a decline in sales of manganese ore (-37% vs. [...]

Buy-out of Tsingshan’s interest (49.9%) in Eramet’s subsidiary hosting the world-class Centenario project, a tier one asset strategically positioned for the Group’s sustainable development in lithiumCounter-cyclical transaction providing Eramet with full benefit and ownership of an already invested 24kt-LCE direct lithium extraction plant close to production start-up, and with long-term growth optionality for production capacity [...]

Good operational performance of the Group’s main mining activities in H1 2024 (vs. H1 2023): +33% in manganese ore volumes produced (vs. H1 2023), with a return to normal operating conditions +40% in nickel ore volumes produced in Indonesia; albeit with -20% in volumes sold, reflecting the absence of low-grade saprolite sales’ permit +33% [...]

Start of the commissioning of the Centenario direct lithium extraction plant, located in Salta Province, Argentina; first production planned in November 2024 A key milestone in Eramet’s strategic development into producing metals for energy transition A technological achievement at 4,000 m of altitude, implementing at industrial scale one of the most advanced Direct Lithium [...]

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, [...]

Today, Eramet announced that the company and BASF have decided against a joint investment in a nickel-cobalt refining complex in Weda Bay.Eramet will continue to evaluate potential investments in the nickel electric vehicle battery value chain in Indonesia and will keep the market informed in due course.In 2020, Eramet and BASF had signed an agreement [...]

Adjusted turnover[i] of €761m (-19%) reflecting, as expected, a strong negative price effect (-24%), while the positive volume effect is limited (+2%), penalised by the decline in SLN volumes sold Good operational performance of the Group’s main mining activities compared to the unfavourable comparison base of Q1 2023: +27% in manganese ore volumes sold [...]