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French mining and metallurgy group Eramet has reported a stable economic contribution of €3.1 billion to its operating regions in 2023, despite a 29 per cent drop in sales.
This resilience underscores the company’s commitment to local economic development and corporate social responsibility.
The group’s economic impact remained robust across various territories:
- Gabon: Eramet contributed €940 million, including €340 million in taxes and dividends, €480 million in local purchasing, and €119 million in payroll. The company’s operations support over 8,000 direct jobs in the country.
- Indonesia: The total economic impact reached nearly €500 million, with €217 million paid in taxes and dividends, and €266 million spent on local purchasing and subcontracting.
- New Caledonia: Eramet’s contribution totalled €507 million, including €339 million in local purchasing and €154 million in payroll, supporting 3,330 direct jobs.
- Argentina: The company’s economic impact amounted to €340 million, with €256 million in local purchasing and €73 million in taxes and dividends.
Eramet’s community investments reached €8 million in 2023, benefiting over 270,000 people across its operating regions.
These initiatives focused on supporting local infrastructure, entrepreneurship, and social development, particularly targeting young people and women.
Virginie de Chassey, Director of Sustainable Development and Corporate Commitment at Eramet emphasised the company’s dedication to fostering positive and sustainable impacts in its operational areas.
“These contributions reflect our commitment to strengthening local economies and improving the quality of life in our communities,” she stated.
The company’s efforts align with its CSR roadmap, “Act for positive mining 2024 – 2026,” which aims to establish Eramet as a benchmark CSR player in the mining sector.
Despite challenging market conditions, Eramet’s sustained economic contributions demonstrate its commitment to responsible resource management and local development.