Latest news with #ChristelBories
Yahoo
26-05-2025
- Business
- Yahoo
Eramet: Ordinary and Extraordinary General Meeting on May 26th, 2025; appointment of Paulo Castellari as Chief Executive Officer
Paris, 26 May 2025, 6:15 p.m. PRESS RELEASE Ordinary and Extraordinary General Meeting on May 26th, 2025; appointment of Paulo Castellari as Chief Executive Officer Separation of roles of Chair of the Board and Chief Executive Officer Renewal of Ms. Christel Bories as Chair of the Board Appointment of Mr. Paulo Castellari as Chief Executive Officer, effective from today Approval by the shareholders of all the resolutions proposed at the General Meeting The Ordinary and Extraordinary General Meeting of Eramet Shareholders was held on Monday, May 26th, 2025 in Paris, chaired by Ms. Christel Bories, Chair and CEO of Eramet, in compliance with all applicable legal and regulatory provisions, as well as the recommendations of the French Financial Markets Authority (AMF). The Board of Directors acknowledged the renewal, by the Ordinary General Meeting, of Ms. Christel Bories1 as a Director, and renewed her mandate as Chair of the Board for a period of four years. The Board of Directors warmly thanked Ms. Christel Bories for her commitment and the work accomplished as Chair and CEO of Eramet over the past 8 years, and once again welcomed her continued role as Chairwoman. The Board of Directors appointed Mr. Paulo Castellari as the Group's new Chief Executive Officer. The Board of Directors also acknowledged today: the ratification, by the Ordinary General Meeting, of the cooptation as Director of Mr. Tanguy Guillaume Gahouma-Békalé, which occurred during the Board Meeting of May 30th, 2024, to replace Mr. Alilat Antsélévé-Oyima, who has resigned, for the remaining term of his mandate, i.e. until the General Meeting held today, the renewal, by the Ordinary General Meeting, as Directors of Ms. Christine Coignard2, Ms. Solenne Lepage3 and Mr. Tanguy Guillaume Gahouma-Békalé, each for a period of four years. Following the Shareholders' General Meeting, Eramet's Board of Directors consists of 18 members, including two employee representatives. It comprises 7 independent members and 7 women, representing 44% of the Board members, for both indicators, excluding employee representatives. Detailed information on the composition of the Board of Directors and its Committees is available on the company's website under the Governance section: Eramet | Group | Governance Eramet's shareholders approved all the proposed resolutions, including the distribution of a dividend of €1.50 per share for the 2024 fiscal year. The ex-dividend date will be June 2nd, 2025, and payment will start from June 4th, 2025. The voting results for each resolution are available on Eramet's website (Shareholders' General Meeting 2025 - Eramet). Calendar 30.07.2025: Publication of 2025 half-year results 30.10.2025: Publication of 2025 Group third-quarter turnover ABOUT ERAMET Eramet transforms the Earth's mineral resources to provide sustainable and responsible solutions to the growth of the industry and to the challenges of the energy transition. Its employees are committed to this through their civic and contributory approach in all the countries where the mining and metallurgical group is present. Manganese, nickel, mineral sands and lithium: Eramet recovers and develops metals that are essential to the construction of a more sustainable world. As a privileged partner of its industrial clients, the Group contributes to making robust and resistant infrastructures and constructions, more efficient means of mobility, safer health tools and more efficient telecommunications devices. Fully committed to the era of metals, Eramet's ambition is to become a reference for the responsible transformation of the Earth's mineral resources for living well together. INVESTOR CONTACT Director of Investor Relations Sandrine Nourry-Dabi T. +33 1 45 38 37 02 PRESS CONTACT Media Relations Officer Nedjma Amrani T. +33 6 65 65 44 49 1 Chair and CEO since 20172 Independent Director – Member of the Audit, Risks & Ethics Committee – Chair of CSR & Strategy Committee – Member of the Appointment Committee3 Independent DirectorAttachment 2025 05 26 - Eramet - PR - Post AG EN VF
Yahoo
26-05-2025
- Business
- Yahoo
Eramet: Ordinary and Extraordinary General Meeting on May 26th, 2025; appointment of Paulo Castellari as Chief Executive Officer
Paris, 26 May 2025, 6:15 p.m. PRESS RELEASE Ordinary and Extraordinary General Meeting on May 26th, 2025; appointment of Paulo Castellari as Chief Executive Officer Separation of roles of Chair of the Board and Chief Executive Officer Renewal of Ms. Christel Bories as Chair of the Board Appointment of Mr. Paulo Castellari as Chief Executive Officer, effective from today Approval by the shareholders of all the resolutions proposed at the General Meeting The Ordinary and Extraordinary General Meeting of Eramet Shareholders was held on Monday, May 26th, 2025 in Paris, chaired by Ms. Christel Bories, Chair and CEO of Eramet, in compliance with all applicable legal and regulatory provisions, as well as the recommendations of the French Financial Markets Authority (AMF). The Board of Directors acknowledged the renewal, by the Ordinary General Meeting, of Ms. Christel Bories1 as a Director, and renewed her mandate as Chair of the Board for a period of four years. The Board of Directors warmly thanked Ms. Christel Bories for her commitment and the work accomplished as Chair and CEO of Eramet over the past 8 years, and once again welcomed her continued role as Chairwoman. The Board of Directors appointed Mr. Paulo Castellari as the Group's new Chief Executive Officer. The Board of Directors also acknowledged today: the ratification, by the Ordinary General Meeting, of the cooptation as Director of Mr. Tanguy Guillaume Gahouma-Békalé, which occurred during the Board Meeting of May 30th, 2024, to replace Mr. Alilat Antsélévé-Oyima, who has resigned, for the remaining term of his mandate, i.e. until the General Meeting held today, the renewal, by the Ordinary General Meeting, as Directors of Ms. Christine Coignard2, Ms. Solenne Lepage3 and Mr. Tanguy Guillaume Gahouma-Békalé, each for a period of four years. Following the Shareholders' General Meeting, Eramet's Board of Directors consists of 18 members, including two employee representatives. It comprises 7 independent members and 7 women, representing 44% of the Board members, for both indicators, excluding employee representatives. Detailed information on the composition of the Board of Directors and its Committees is available on the company's website under the Governance section: Eramet | Group | Governance Eramet's shareholders approved all the proposed resolutions, including the distribution of a dividend of €1.50 per share for the 2024 fiscal year. The ex-dividend date will be June 2nd, 2025, and payment will start from June 4th, 2025. The voting results for each resolution are available on Eramet's website (Shareholders' General Meeting 2025 - Eramet). Calendar 30.07.2025: Publication of 2025 half-year results 30.10.2025: Publication of 2025 Group third-quarter turnover ABOUT ERAMET Eramet transforms the Earth's mineral resources to provide sustainable and responsible solutions to the growth of the industry and to the challenges of the energy transition. Its employees are committed to this through their civic and contributory approach in all the countries where the mining and metallurgical group is present. Manganese, nickel, mineral sands and lithium: Eramet recovers and develops metals that are essential to the construction of a more sustainable world. As a privileged partner of its industrial clients, the Group contributes to making robust and resistant infrastructures and constructions, more efficient means of mobility, safer health tools and more efficient telecommunications devices. Fully committed to the era of metals, Eramet's ambition is to become a reference for the responsible transformation of the Earth's mineral resources for living well together. INVESTOR CONTACT Director of Investor Relations Sandrine Nourry-Dabi T. +33 1 45 38 37 02 PRESS CONTACT Media Relations Officer Nedjma Amrani T. +33 6 65 65 44 49 1 Chair and CEO since 20172 Independent Director – Member of the Audit, Risks & Ethics Committee – Chair of CSR & Strategy Committee – Member of the Appointment Committee3 Independent DirectorAttachment 2025 05 26 - Eramet - PR - Post AG EN VFSign in to access your portfolio
Reuters
24-04-2025
- Business
- Reuters
Mining group Eramet keeps 2025 output targets despite Q1 setbacks
PARIS, April 24 (Reuters) - French mining group Eramet ( opens new tab maintained its full-year output targets on Thursday despite reduced manganese and nickel volumes that contributed to flat first-quarter sales. The company, which reported adjusted quarterly sales of 742 million euros ($842 million), said that sales volumes for its manganese mine in Gabon fell 15% year on year, curbed by a worker strike and logistical problems at Owendo port. In Indonesia, nickel ore sales from its Weda Bay mine were down 11%, with Eramet citing destocking by local processing plants. Broader market uncertainty linked to trade and geopolitical tensions also contributed to what Chairwoman and CEO Christel Bories called a "more difficult than expected" first quarter. The group nonetheless maintained 2025 production forecasts that would see marketed volumes in Gabon and Indonesia rebound after a drop last year. In Argentina, the group said it made its first lithium sales during the first quarter after starting production of the battery mineral in December. However, it now expected full-year output to be at the low end of its target range of 10,000-13,000 metric tons due to a technical delay affecting equipment used in the concentration process, the company said. Geopolitical uncertainty, fuelled by U.S. President Donald Trump's tariff offensive, has further clouded the outlook for metal markets that have been wrestling with sluggish Chinese growth. Reporting 2024 results in February, Eramet had said it would trim spending and boost productivity gains this year due to persistent weakness in its markets. Eramet has said it has limited direct exposure to U.S. tariffs but could be affected by a reshuffling in trade from China. Among the biggest global miners, BHP Group ( opens new tab has warned an escalating trade war could harm the world economy. ($1 = 0.8811 euros)
Yahoo
27-02-2025
- Business
- Yahoo
Decarbonization of the steel industry: Eramet launches eraLow, its low-CO2 Manganese Alloy brand
Paris, February 27th, 2025, 10:00 am PRESS RELEASE Decarbonization of the steel industry: Eramet launches eraLow, its low-CO2 Manganese Alloy brand Eramet introduces eraLow, its new brand for low-CO2 manganese alloys. This brand sets a new standard for manganese alloys with a low CO2 footprint, thus offering steelmakers a quick-win solution to accelerate the decarbonization of their products. With eraLow, Eramet offers the hard-to-abate steel industry some of the most sustainable manganese alloys available on the global market: Already, one of the lowest CO2 footprints on the market: eraLow products are guaranteed below 1.9t CO2 / t of alloy for scope 1 and 2 emissions, outperforming significantly the manganese alloys global industry average of 3.9t CO2 / t of alloy (CRU study based on 2023 data). These exceptional results are due to the use of carbon-free electricity in Norway and France, combined with cutting-edge production processes. A verified carbon intensity: eraLow comes with a carbon intensity assurance statement verified by DNV, an internationally recognized third party. Transparency along the entire value chain with eraTrace: eraLow products are traced through eraTrace, Eramet's unique traceability service using blockchain technology and offering a digital passport for each delivery order. For each order of eraLow products, eraTrace provides Eramet customers with transparent data about the production process (e.g. raw material used, suppliers' origin…), a CO2 emissions calculator on a cradle-to-gate scope as well as a full visibility on CSR KPIs of production sites. A production process meeting the highest ESG standards of the industry: while Eramet smelters are ISO certified for Energy (ISO50001) and Environmental Management Systems (ISO14001), the overall corporate sustainability performance of the Eramet Group has been rated Silver by Ecovadis, A- for Climate and B for Water Security by CDP. A first step towards producing zero CO2 manganese alloys: Eramet's ultimate ambition is to provide its steel industry customers with zero CO2 emission manganese alloy products in support of their own decarbonization missions. Amongst other initiatives, Eramet is currently constructing a first-of-its-kind pilot plant at its Sauda smelter in Norway to test innovative technologies that could enable the future capture and storage of CO2 gases emitted from the furnaces. The Group is also trialing the usage of bio-reductants in its furnaces as a potential partial replacement of coke. Christel Bories, Chair and CEO of Eramet: The launch of eraLow embodies our commitment to providing our customers with a clearly identified solution contributing to the decarbonization of the steel industry. With eraLow, we offer our customers not only manganese alloys with one of the lowest CO2 footprints on the market: we offer them also the opportunity to build trust and transparency throughout their entire value chain. ABOUT ERAMET Eramet transforms the Earth's mineral resources to provide sustainable and responsible solutions to the growth of the industry and to the challenges of the energy transition. Its employees are committed to this through their civic and contributory approach in all the countries where the mining and metallurgical group is present. Manganese, nickel, mineral sands and lithium: Eramet recovers and develops metals that are essential to the construction of a more sustainable world. As a privileged partner of its industrial clients, the Group contributes to making robust and resistant infrastructures and constructions, more efficient means of mobility, safer health tools and more efficient telecommunications devices. Fully committed to the era of metals, Eramet's ambition is to become a reference for the responsible transformation of the Earth's mineral resources for living well together. SALES CONTACTManganese Alloys Business UnitT. +33 1 45 38 42 00. manganesealloys@ PRESS CONTACTDirector of Group CommunicationsLaurent CicolellaT. +33 1 45 38 41 CONTACTDirector of Investor RelationsSandrine Nourry-DabiT. +33 1 45 38 37 02 Attachment 2025-27-02-Eramet-PR-EraLow-launchingSign in to access your portfolio
Reuters
20-02-2025
- Business
- Reuters
China lithium tech export curbs may benefit Eramet, CEO says
PARIS, Feb 20 (Reuters) - Potential Chinese export restrictions on lithium extraction technology could create new opportunities for Eramet following its launch of lithium production in Argentina, the head of the French mining group said on Thursday. China has proposed restricting the export of technology to process lithium, widely used in batteries, in response to U.S. tariffs, and Reuters reported this week that one Chinese company has stopped exporting sorbents, a piece of equipment used in lithium processing. "So it will open potentially opportunities for Eramet," Chair and CEO Christel Bories said of Chinese export curbs during a presentation of Eramet's annual results. "We are considering potentially using our technologies and our patents on the sorbents to enter into new projects, providing the technology but also participating in equity." Eramet's Centenario project in Argentina started production in December and the group aims to reach a nominal annual capacity rate of 24,000 metric tons of lithium carbonate equivalent at the end of this year. Eramet is studying an expansion of the project but does not expect to commit further investments before next year, Bories added. Eramet is also in discussions in Chile to develop lithium deposits after securing a concession. The group remains upbeat on longer-term demand for lithium despite a drop in prices and expects the market to rebalance from next year following a period of oversupply, Bories said. Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up here.
