{"id":51383,"date":"2024-12-10T13:58:18","date_gmt":"2024-12-10T13:58:18","guid":{"rendered":"https:\/\/eramine.eramet.ovh\/?page_id=51383"},"modified":"2025-07-08T13:32:16","modified_gmt":"2025-07-08T16:32:16","slug":"economic-benefits-from-the-construction","status":"publish","type":"page","link":"https:\/\/eramine.eramet.com\/en\/activities\/production\/economic-benefits-from-the-construction\/","title":{"rendered":"Economic benefits from the construction"},"content":{"rendered":"

<\/i>

520 million USD<\/strong><\/p>\n

Injected into the Argentine economy
\nduring construction<\/p>\n<\/div><\/div><\/div>

<\/i>

1,500 people<\/strong><\/p>\n

working simultaneously every shift
during construction<\/p>\n<\/div><\/div><\/div>

<\/i>

+290 million USD<\/strong><\/p>\n

Invested in local suppliers during construction<\/p>\n<\/div><\/div><\/div><\/div><\/div>

<\/div>

Significant contributions to the local communities during our first 10 years in Salta<\/h2>\n

We have been working on the project for more than 10 years since exploration and during this time Eramine has always tried to maximize its purchasing (labor and goods) from the local communities of the Salta province.<\/p>\n<\/div><\/div><\/div>

\"Eramine<\/span><\/div><\/div><\/div>

During the construction phase of the project, more than 3,000 indirect jobs<\/strong> were created in the Salta region.<\/p>\n

At the same time, the Eramine team grew significantly over the lifespan of the project and the company now employs more than 500 people<\/strong> directly.<\/p>\n<\/div><\/div><\/div>

Investment in goods and services<\/h3><\/div>

As per our commitment in our Purchasing Policy, Eramine has paid specific attention to local purchasing. Gradually, our investment in suppliers from Salta has grown. <\/p>\n

Over 290 million USD<\/strong> have been invested in purchases from local suppliers from the Salta area <\/strong>(590 million USD in Argentina). This is the biggest part of Eramets\u2019 870 million USD investment in the project.<\/p>\n<\/div><\/div><\/div>

\"Local<\/span><\/div><\/div><\/div>

Eramine complies with law 8164 and regulating decrees<\/strong> related to the hiring of local suppliers and workforce in Salta, and we send updated information every six months to the enforcement authority.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

Development Phases<\/h2>\n<\/div><\/div><\/div>

The exploration phase (2010-2022)<\/h3><\/h3><\/div>