Producer · Senior · Lithium · Africa · Indonesia · South America
Last updated 21 June 2026
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Portfolio Aggregate · 1 project
Portfolio mode — asset rows are for context only; tab totals use the company aggregation.
Eramet Group - Total Company
Portfolio
Project information
As at 1 January 2026
Description
As at 1 January 2026
Eramet (ERA.PA) is a French mining and metals group operating across 4 commodities: Manganese (Comilog Gabon + alloys France/Norway/US), Nickel (SLN New Caledonia + PT Weda Bay Indonesia 38.7%), Lithium (Eramine Argentina), and Mineral Sands (GCO Senegal). 2025 Manganese activity turnover €1,843M (Ore €1,009M + Alloys €834M); EBITDA €357M. Ramp-up of Centenario lithium plant in 2025. Industrial investments €237M in 2025.
Portfolio Aggregate
As at 31 December 2025
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Operating · 5 projects
Eramine - Centenario/Ratones Lithium Project (Argentina)
Asset · Operating
Project information
As at 1 January 2026
Description
As at 1 January 2026
Lithium brine project on the Centenario-Ratones salar in Salta Province, Argentina. Mining concessions in perpetuity (subject to royalties and investment program compliance). Centenario plant began production end of 2024 and underwent ramp-up in 2025 (negative -€21m EBITDA impact). Plant targets 50 kt LCE per year. Eramet bought back Tsingshan stake in 2025 (Eramine 100% owned). LOM 20 years.
Mining metrics
Multiple effective dates · inclusive
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Reserves & resources — detail
As at 1 January 2026
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Le Nickel - SLN (New Caledonia)
Asset · Ownership 56%
Project information
As at 1 January 2026
Description
As at 1 January 2026
Le Nickel-SLN - oxidised nickel deposits mining and processing in New Caledonia formed by weathering of ultrabasic rocks. Some 'perpetual' concessions to expire Dec 31, 2048 per Mining Code. Total Mineral Resources at Jan 1, 2026: 20,770 ktNi (Limonites 3,198 + Saprolites 17,572). Cannot declare Ore Reserves as of Jan 2026 due to absence of forecasts to provide a feasible operating model (nickel market outlook, deposit access, energy price uncertainty).
Mining metrics
As at 1 January 2026 · inclusive
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Reserves & resources — detail
As at 1 January 2026
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PT Weda Bay Nickel (Indonesia)
Asset · Ownership 38.7%
Project information
As at 1 January 2026
Description
As at 1 January 2026
One of the world's largest nickel deposits. Located on Halmahera Island, Indonesia. Open-air mining of oxidised nickel ore (lateritic weathering). Contract of Work valid until 27 February 2048 (may be extended/renewed). Produces low-grade nickel ore for hydrometallurgical (Limonite) and pyrometallurgical (Saprolite) plants. JV with Tsingshan. Ore Reserves dropped 24% in 2025 due to cut-off grade changes (now 0.8-1.0% Ni for limonites, 1.0-1.2% Ni for saprolites). 16-year LOM from Jan 1 2026.
Mining metrics
As at 1 January 2026 · inclusive
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Reserves & resources — detail
As at 1 January 2026
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Grande Côte Opérations (Senegal Mineral Sands)
Asset · Ownership 90%
Project information
As at 1 January 2026
Description
As at 1 January 2026
Heavy mineral sands placer mine on coastal dunes of Senegal. Mining concession awarded to MDL (2007) transferred to GCO (2008), 25-year term to Nov 2, 2032 (renewable). Contains high quantities of titaniferous minerals (ilmenite, rutile, leucoxene) and zircon. Mines using dredger + conventional dry mining. Achieved IRMA 50 performance level in 2025. 14-year LOM from Jan 1, 2026 (3 years shorter than prior year due to updated geological model and price projections).
Mining metrics
As at 1 January 2026 · inclusive
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Reserves & resources — detail
As at 1 January 2026
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Comilog (Moanda Manganese Mine)
Asset · Ownership 63.71%
Project information
As at 1 January 2026
Description
As at 1 January 2026
World's largest high-grade manganese mine. Located at Moanda, Gabon. Operates 75-year concession expiring 25 January 2032 (auto-renewable for 10 years). Open-pit mining of high-grade manganese tabular deposits under low overburden, formed by weathering of volcano-sedimentary rocks. 2025 production 7,103 kt manganese ore and sinter (+4% YoY), volumes transported 6,148 kt, external sales 5,489 kt. Performance impacted in 2025 by logistical difficulties at port of Owendo (H1) and rail network. Ongoing Transgabonese Railway renovation program.
Mining metrics
Multiple effective dates
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Reserves & resources — detail
As at 1 January 2026
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Processing facilities · 1 project
Eramet Manganese Alloys Plants
Segment · Other
Project information
As at 31 December 2025
Description
As at 31 December 2025
Eramet Manganese alloys business - smelters/processing for production of ferromanganese and silicomanganese alloys (avg 70% Mn content) primarily for steel industry. Major sites in France (Dunkirk - rebuilt furnace restarted in 2025), Norway (Eramet Norway, benefiting from CO2 ETS settlement +€46m in 2025), and US. 2025 alloy production 653 kt (+3% YoY).
Processing facilities
Multiple effective dates
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Assumptions
- The projects listed here reflect the information captured in this workspace and are not necessarily a complete picture of the company's portfolio. For authoritative figures, refer to the company's official filings.
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How to read this tab
- MetalPilot stores contained metal or product in the codes below; grade and tonnage use separate fields. In side-by-side comparison views (stock page Portfolio tab, watchlist By sector), heterogeneous source units are converted to each commodity's preferred display unit (for example Moz Au, kt Cu, MMbbl oil) before summing; the same canonical codes appear in project data.
What the Portfolio tab shows
- The Portfolio tab presents a project-level view of the company's reported assets, built from publicly disclosed information (technical reports, annual filings, MD&A, investor presentations, MRMR / R&R statements, NI 43-101 / NI 51-101 / SEC S-K 1300 / SEC S-K 1200 / JORC / SAMREC / PERC / PRMS / COGEH filings, and similar primary sources).
- Figures are grouped by project type (mining, oil & gas, royalty, stream, processing facility, development, portfolio aggregate) and are shown alongside the headline reserve base, headline production, headline grade / quality, cost benchmarks, estimated lifetime, commercial terms (for royalties / streams), operational capacity (for processing) and a single-figure rating where the underlying data supports one.
- Each data table on the Portfolio tab is followed by ONE Assumptions footnote describing the modelling choices for that table; KPI stat-card assumptions appear in the bottom block instead. All legal and section disclaimers are merged into a single disclaimer list at the bottom of the Portfolio tab.
Concepts in your sector — Diversified
- Diversified miners report under several codes (NI 43-101 + JORC + SEC, or mining + O&G). Portfolio presents each project under its native standard; this tab shows the full unit enum.
- Cross-standard comparability caveats apply — see the categories detail sections below.
Portfolio tab — table guide
- Portfolio KPIs — company-level headline numbers aggregated from the featured projects (project counts, attributable annual production by commodity, attributable resource base by commodity, last filing date, operator share). USD value lines multiply attributable volumes by the resolved snapshot price.
- Portfolio snapshot — one-screen summary of the portfolio: counts by type and status, country mix, reporting standards used, operator share, primary commodity, attributable annual production summary and attributable resource base summary.
- Mining — one row per mining project, with columns for project name, location, status, primary commodities, production (with rating), reserves & resources (with rating), grade (with rating), costs and estimated lifetime. Multi-commodity projects emit one summary row per commodity.
- Oil & Gas — one row per O&G project (typically a field, licence, play or basin asset), with columns for location, status, primary hydrocarbons, production (with rating), reserves & resources (with rating), costs and estimated lifetime.
- Royalty — one row per royalty interest held by the company. Columns cover the underlying project, operator, commodity, commercial terms (rate, type, cap, area-of-interest), attributable production, attributable reserves and estimated lifetime.
- Stream — one row per metal stream held by the company. Each row shows the underlying project, the streamed commodity, the headline stream percentage, the ongoing per-ounce / per-tonne payment, and attributable production / reserves.
- Processing facilities — one row per midstream / processing facility (pipeline, fractionator, LNG train, storage cavern, refinery, smelter, mill, heap-leach pad, CPP, etc.). Columns include nameplate capacity, contracted capacity, feedstock commodities and operational footprint.
- Development — projects in development status or in a pre-production lifecycle phase. The production column is re-labelled 'Targeted production (rating)' to highlight that the figures are plans, not actuals.
- Portfolio Aggregate — a single company-level row used when the company itself publishes a portfolio rollup (e.g. company-wide 2P barrels across all properties).
- Reserves & resources — detail — a leaf-category pivot showing every reserve and resource category disclosed across the projects.
- Reserves walk — gross (disclosed) — year-by-year reconciliation of the opening balance to the closing balance, broken into Extensions & discoveries, Revisions, Improved recovery, Purchases, Divestitures, Production and Conversion to developed.
- Reserves walk — net change by year — per-year summary of net additions and net deductions across the portfolio.
- NPV (grouped) — all NPV rows captured from the filings, grouped by commodity, resource category, development status and pricing case. Each NPV figure is shown with its discount rate, basis (before-tax / after-tax), currency and value scale.
Ownership / Working interest
- Ownership percentage means the company's working-interest share of the asset: its slice of the project before royalties and before government take. It is shown on a 0–100 scale.
- Mines, oil and gas fields, and processing facilities — this is how much of the asset belongs to the company under that working-interest idea. One hundred percent is fully owned; a lower number usually means partners share the rest.
- Royalties and streaming agreements — the percentage is often not the story; what matters economically is usually the royalty or stream rate, shown elsewhere alongside these figures.
- Oil and gas — read this as gross working interest only. Do not treat it as net production or net wells after royalties; when filings distinguish gross from net, that shows up in how the resource numbers themselves are labelled.
- Below 100% — the short summary for each project names other owners and their stakes when the source says who they are.
- NRI vs WI (O&G). Working interest (WI) is the obligation to pay a share of costs; net revenue interest (NRI) is the share of revenue after royalties and overriding-royalty interests. A 100% WI well rarely produces 100% NRI; typical onshore U.S. NRI is 75–87.5% of WI depending on the lease royalty.
- Operator vs non-operator. The operator runs day-to-day operations; non-operating partners pay their WI share of costs but do not run the asset. Some Portfolio rows show operator share where disclosed.
Unit codes, conversion cheat sheets, cost benchmarks (AISC, C1–C3), reporting standards (NI 43-101, JORC, SEC S-K 1300) and resource/reserve category definitions live in the full terminology & units reference.
Each table lists the numeric band for scores 1–5 (production and resource base; grade where applicable for mining commodities) using the same thresholds as project rating stat cards. Only commodities that appear on featured projects for this document are listed.
Nickel
Lithium
Heavy mineral sand
Copper uses kt Cu bands (Mlb Cu when lb-scale copper resources appear on featured projects). Lithium grade uses brine mg/L Li bands (from extraction and/or resource grade units on featured projects).
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