Our contribution to the economy of local areas

Eramet actively contributes to public interest issues in the local areas where it operates. As a result, its business benefits the economy in nearly 20 countries around the world.

Fully aware of its responsibilities, Eramet implements a long-term, responsible and socially aware vision. This commitment is reflected in how carefully it conducts its activity by ensuring it protects the environment, establishes relationships of trust with host communities and participates in the economic development of local areas. 

Eramet contributes to the economy of the countries and areas where the Group is established, primarily through: 

  • taxes and fees paid to States and localities;
  • dividends for public shareholders that have holdings in Eramet and in its subsidiaries around the world;
  • the wage bill;
  • the realization of local purchases, contributing in particular to the creation of indirect employment;
  • community investments for the benefit of the populations near our sites (support for infrastructure, health, education, economic diversification, etc.).

These contributions are made completely transparently. In line with its obligations, in 2021 Eramet published a document listing the main indicators on contribution to the economy of local areas: 2021 report on the Group's financial transparency. These elements are aligned with the principles established by the work of the EITI (Extractive Industries Transparency Initiative), which has drawn up best practices for the sector - an initiative that Eramet has supported as a sponsor since 2011.

In 2020, the Eramet group's contribution in its main areas outside mainland France totaled:

  • €604m in Gabon
  • €413m in New Caledonia
  • €287m in Norway
  • €123m in Senegal

Eramet Group's socio-economic contribution to its host territories: 2020 indicators