Eramet Sa · EURONEXT:ERA
Eramet Sa — 2021 BofA Global Metals, Mining & Steel Conference
27 slides from Eramet Sa's conference presentation, May 18, 2021
Slide 1: Eramet Group detailed Presentation
Eramet Group detailed Presentation 2021 BofA Global Metals, Mining & Steel Conference 18-20 MAY 2021
Slide 2: A global leading mining and metallurgical Group
A global leading mining and metallurgical Group 2 divisions with global leading positions 2020 KPIs High-Performance Mining and Metals Alloys Division Erasteel 4% Division 19% 81% Aubert & Duval Sales 15% €3.6bn €3,553m Mineral Sands BU Manganese BU 8% 48% EBITDA €398m Nickel BU 25% 13,129 Long term
Slide 3: A committed, contributive and recognized corporate citizen
A committed, contributive and recognized corporate citizen 1 Societal engagement aligned with strategic vision A 2018-2023 CSR roadmap to structure and set the pace for our action plans Aligned with the United Nations’ Sustainable Development Goals 2 Contributing to the communities in which sites ar
Slide 4: Eramet group's overview
Eramet group’s overwiew
Slide 5: Key partnerships with host countries and territories
Key partnerships with host countries and territories Eramet associates the main countries and territories where it operates Gabon New-Caledonia Senegal Indonesia Around 29% of STCPI holds 34% of 10% of Grande Côte Eramet holds a Comilog’s share SLN’s share capital Opérations’s3 share 43% stake in in
Slide 6: A longtime player: diversification and shareholding structure
A longtime player Successful start-up and ramp-up of the Weda Bay Nickel nickel ferroalloy production plant Start-up of the Centernario pilot site (lithium project) 100% of TiZir owned by Eramet (OPA on MDL) Launch of EcoTitanium Sale of ERACHEM and Bear Metallurgical Corporation Sale of Eurotungste
Slide 7: A global geographic footprint
A global geographic footprint FRANCE 12 sites 3 sites 2 sites 1site 1site 1site 3 sites EUROPE 1site Manganese Nickel Mineral sands AFRICA Lithium AMERICAS Erasteel Aubert & Duval ASIA- OCEANIA 2020 Group turnover GABON (by sales destination) UNITED STATES Others 1site 1site Moanda France 7% ARGENTI
Slide 8: Two main divisions; five business units
Two main divisions; five business units Eramet Group Innovation, Research Marketing and Development (incl. Mining and Metals Eramet Ideas) High Performance Services2 Division Alloys Division Li Manganese Nickel Mineral Sands Lithium Aubert & Erasteel BU BU BU (project mothballed) Duval > Sales: > Sa
Slide 9: Steels represent c.70% of Eramet sales
Steels represent c.70% of Eramet sales Recycling Other (Chemical High-speed steels, Toolings & Specialities and Foundry) Others Stainless Steel 4% 0% 3% 2% Energy & Defense 2% 3% Aerospace 10% Steels: 68% Other Mineral Sands 2% 4% Pigment 4% 15% 6% 21% 8% 48% 48% 6% Ceramics 2% 19% 43% Carbon Steel
Slide 10: Mining & Metals Division Key Features
Mining & Metals Division Key Features
Slide 11: A diversified Mining and Metals Division with significant resources
A diversified Mining and Metals Division with significant resources and highly competitive mines Manganese BU Nickel BU Mineral Sands BU Gabon: 107 Mt resources of New Caledonia: 19.4 Mt resources of Senegal (Zircon & Ilmenite): 32.1 Mt manganese content nickel content resources (HMC) Resources Reso
Slide 12: High seasonality in mining operations, strengthened by organic growth
High seasonality in mining operations, strengthened by organic growth High seasonality of key mining operations... 3-yrs average ore production (Mwmt) …and increasing share of mining business in Eramet’s portfolio +17% +35% Ore production volumes (100 basis) 2.70 2.70 150 149 140 2.30 130 +3% 127 2.
Slide 13: Main applications
Steel (carbon and stainless) accounts for c. 70% of Eramet’s end-markets Manganese BU Nickel BU Mineral Sands BU 2nd global producer of high-grade Mn 1st high grade ferronickel producer 4th global producer of zircon ore worldwide Market share 4th global producer of titanium 1st source of quality ore
Slide 14: Manganese main growth drivers: carbon steel and China
Manganese main growth drivers: carbon steel (90% of global production) and China Manganese key features 3 types of manganese ore 1 > “Low-grade local” ore: < 30% of manganese content Manganese Ore > “Medium-grade” ore: > 30% but < 43% Average 0.4 t of Mn content > “Rich” / “High-grade” ore: > 43% pe
Slide 15: Manganese BU: a first class competitiveness
Manganese BU: a first class competitiveness thanks to excellent mining operation Manganese BU key features A highly competitive manganese mine in Gabon (Moanda), operated by Comilog > High-grade oxyde ore 44% > First quartile cash cost Two units of local transformation in Gabon, CIM and CMM, for hig
Slide 16: Nickel main growth drivers: stainless steel and batteries
Nickel main growth drivers: stainless steel and batteries 1 Nickel key features Extraction of ore in Two main types of nickel ore order to… > Sulfide-type ore (nickel combined with several other valuable metals) as in Canada, Russia to be transformed in nickel concentrate 2 > Laterite-type ore as in
Slide 17: Nickel BU: a key transformation underway
Nickel BU: a key transformation underway Nickel BU key features Successful implementation of new business model in New Caledonia > 5 main operated mines and one pyrometallurgical plant > High-grade ferronickel (23% Ni) and nickel ore exported (1.7 to 1.9 % Ni) Weda Bay nickel mine and low-grade ferr
Slide 18: Mineral Sands growth drivers: ceramics and pigments market
Mineral Sands growth drivers: ceramics and pigments market Zircon key features Titanium dioxide key features Long Term pricing agreement1 (spot prices in China only) Dredge or Dredge 1 open pit mining mining followed followed by by mineral 1 mineral separation Titanium separation minerals (rutile, i
Slide 19: Mineral Sands BU: operations integrated from Senegal to Norway
Mineral Sands BU: operations integrated from the mine in Senegal to the beneficiation plant in Norway Mineral Sands BU key features TiZir Senegal (GCO): > Extraction of heavy mineral (mineral raw materials which contain heavy minerals concentrated). > Production of ilmenite (titanium-iron oxide), le
Slide 20: Major projects for long-term supply of key battery materials
Major projects able to deliver long-term sustainable supply of key battery materials: Nickel, Cobalt and Lithium Ongoing mining operations Nickel-cobalt : Joint development with BASF at the Weda Bay mine in Indonesia Nickel & Cobalt sulphates dedicated to cathode-active-material production for li-io
Slide 21: European projects dedicated to the battery value chain
European projects dedicated to the battery value chain An innovative closed-loop CO2-free lithium process for li-ion batteries from European natural recycling geothermal resources A European partnership A European consortium An innovative technology based on a direct lithium extraction process devel
Slide 22: High Performance Alloys Division Key Features
High Performance Alloys Division Key Features
Slide 23: A High Performance Alloys Division dedicated to strategic industries
A High Performance Alloys Division with unique know-how dedicated to strategic industries Aubert & Duval Erasteel 2nd high-power closed-die forged parts 1st in powder metallurgy high speed steel Market share producer worldwide (cutting and cold tools) A world leader in: A world player in conventiona
Slide 24: A comprehensive industrial set up with unique tools
A comprehensive industrial set up with unique tools 16 industrial sites located in: Europe (France, Sweden, Spain) Main competitors Asia (China, India) US Main customers 11 industrial sites in France 24 Eramet – Group presentation, May 2021
Slide 25: R&D Innovation
R&D Innovation eramMet
Slide 26: Eramet Ideas, centre of excellence in mining and extractive metallurgy
Eramet Ideas*, centre of excellence in mining, extractive metallurgy, alloys processing and recycling Open innovation approach Leadership / partnership in European projects Collaboration with universities, industrials, start-ups on Our partners new technologies Creation of a shared laboratory with C
Slide 27: Director of Investor Relations
Director of Investor Relations Sandrine NOURRY-DABI sandrine.nourrydabi@eramet.com
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