Eramet's economic contribution grew in the main regions in which it operates - Seite 3

GCO also paid €17 million in taxes and dividends taxes and spent €55 million on local purchases and subcontracting. The company’s payroll amounted to €33 million in 2022. The number of direct jobs stood at 1,881.

Overall, Eramet's economic contribution to the Senegalese economy amounted to €106 million.

Located in New Caledonia, La Société Le Nickel (SLN) is the world’s number one producer of ferronickel for the stainless-steel market. Community investment amounted to almost €2 million, which was used to support sports activities for over 300 young people in the town of Kouaoua, to supply drinking water to over 100 residents in three towns in the Thio region, and to provide training for 72 unemployed young people in need of training.

SLN paid €20 million in taxes and dividends and spent €392 million on local purchases and subcontracting. The company’s payroll amounted to €153 million 2022. The number of direct jobs totaled 3,392.

Overall, Eramet's economic contribution to the economy in New Caledonia amounted to €568 million.

In Argentina, thanks to its operations at the Centenario Ratones site, Eramet is establishing itself as a leading producer of lithium, which is essential to the country's energy transition. Community investment is an essential component of this project, which was relaunched in 2021. In 2022, €137,000 were spent on projects to support the local population in a region where the Group's operations are set to expand over the coming years. Aimed at supporting employment among young people, these initiatives have provided 215 young people in the Salta region with professional training, and 30 micro-entrepreneurs in the Puna region with training and help in developing their business networks. In addition, 70 inhabitants of Indigenous communities in the Puna have been provided with solar water heaters to improve their living conditions in these high-altitude areas.

In 2022, Eramine, the Group's subsidiary in Argentina, paid €29.5 million in taxes and dividends. Spending on local purchases and subcontracting reached €175m and payroll amounted to €6 million. In total, the construction of the plant involves 331 direct jobs.

Overall, Eramet's economic contribution to the Argentinian economy amounted to almost €210 million.

In Norway, the Group’s subsidiary Eramet Norway (ENO) produces manganese alloys for the steel market, while Eramet Titanium and Iron (ETI) converts the mineral sands produced in Senegal into titanium dioxide slag and high-purity pig iron, mainly for the pigments and titanium metal industries. The two companies allocated a total of €177,000 to community investment. For example, ENO supports the association "Growth in Sauda" which supports the development of local businesses and several local youth sports associations. ETI also provides backing for local sports associations and cultural events.