LNE, NPL, and PTB decided in 2005 to join their research efforts in the framework of Euromet Project 857 with the aim of reducing the calibration uncertainty of noble metal and other high-temperature thermocouples by at least a factor of two. This ambitious target will be met through the development and implementation of robust high-temperature fixed points based on metal-carbon eutectic technology. The Euromet project is structured around five work packages and ensures good and efficient cooperation between the partners to meet the objectives within the project timeframe of four years. Furthermore, a formal cooperative research agreement has been established with the National Metrology Institute of Japan (NMIJ) to demonstrate, on a worldwide basis, that this new method is a significant improvement over current calibration methods. In summary, the project consists of (a) the development of sets of cells at the cobalt-carbon eutectic point (1,324 • C) and palladium-carbon eutectic point (1,492 • C) and (b) the construction of platinum/palladium (Pt/Pd) thermocouples carefully stabilized for use to these temperatures. Supplementary research to be undertaken as part of this project is the improvement of fixed-point construction and realization capabilities through high-temperature furnaces with low thermal gradients. This paper describes the European project and gives an overview of current progress.