Yahoo Finance

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: