Eramet maintains over 100 years of nickel mining operations in New Caledonia through its Société Le Nickel subsidiary and is a major manganese producer from mines in Gabon. The company positions itself as a partner for customers in steel, aerospace, pigments, energy, and battery sectors.
Cyborg Score Rationale
2024 revenue declined 9.4% to €3.03B, while earnings fell 87.16%. The company faces commodity price headwinds, governance concerns, and geopolitical risks (Gabon manganese export ban from 2029), balanced by diversified asset base and energy transition positioning.
Top Insights
Manganese represents 66.9% of net sales, creating concentration risk.
Gabon's decision to ban manganese ore exports from 2029 threatens the company's largest profit source.
Eramet manages the Weda Bay Nickel mine, the world's largest nickel mine.
Company insiders hold 69.97% of shares, while institutions own 12.45%.
Named Competitors
Nickel Production — Global nickel and palladium producer
Manganese Production — Diversified mining with manganese operations
Lithium Refining — Global lithium and battery materials producer
Recent Developments
(Nov 2025) Hongana Manyawa indigenous leader protested at Eramet Paris headquarters over land rights related to Weda Bay Nickel operations