Eurasian Resources Group (ERG) is a leading diversified natural resources group. It has a portfolio of production assets and development projects in 15 countries, and is represented by more than 85,000 people globally, being a major employer in the industry.
85,000
people
With a successful track record of more than 25 years in the global metals and mining industry, our integrated operations span the entire value chain from extraction and production, through to processing, energy, logistics and marketing.
Today ERG is the world’s largest high-carbon ferrochrome producer by chrome content and among the principal copper and cobalt suppliers. It is also one of the largest suppliers of alumina and iron ore in Eurasia and the only producer of high-grade aluminium in the Republic of Kazakhstan. Our materials help meet the needs of industries and societies across the world and fuel future economic growth. ERG’s customers are working in various sectors including metals industry, energy, transport, engineering, chemicals and construction, and we deliver partnership and reliability across the supply chain to reduce customer exposure to the volatility of commodity prices.
The Group has undergone a significant change and restructuring of the business following the transaction at the end of 2013 to buyout the assets of ‘ENRC’ (Eurasian Natural Resources Corporation Plc, formerly listed on the London and Kazakhstan stock exchanges) to ‘ERG’. In 2014, a new management team was appointed. The reinforced corporate governance and compliance policies are supported by an amended shareholder structure and a new board of directors.
Dr Alexander Machkevitch is Chairman of the Board of Directors and Mr Benedikt Sobotka is Chief Executive Officer. The Group is 40% owned by the Kazakhstan government.
Our plants
Eurasian Resources Group is a pillar of economic growth and social development in the Republic of Kazakhstan. Our operations in the country represent more one-third of its metals and mining industry. We provide electricity that accounts for one fifth of the country’s output, and are the largest railway operator in Central Asia. TNC Kazchrome, SSGPO, Aluminium of Kazakhstan, Kazakhstan Aluminium Smelter (KAS), Eurasian Energy Corporation (EEC), Shubarkol Komir and Transportation Group TransCom LLP are among the Group’s major assets in the Republic.
Our African assets include production facilities and development projects in the core copper and cobalt business, as well as in manganese, platinum, bauxite, fluorspar and coal, with operations in the Democratic Republic of the Congo (DRC), Republic of Zambia, The Republic of South Africa, Zimbabwe, Mali and Mozambique.
ERG mines and processes copper and cobalt ore and produces copper and cobalt hydroxide. It has recently launched Metalkol Roan Tailings Reclamation (RTR), a major tailings reprocessing operation in the DRC.
In the State of Bahia in Brazil, ERG is pioneering an integrated mining and logistics project comprising the Pedra de Ferro iron ore mine, the Porto Sul deep-water port and the associated new FIOL broad-gauge railway.
Kazakhstan
Eurasian Resources Group is a pillar of economic growth and social development in the Republic of Kazakhstan. Our operations in the country represent more one-third of its metals and mining industry. We provide electricity that accounts for one fifth of the country’s output, and are the largest railway operator in Central Asia. TNC Kazchrome, SSGPO, Aluminium of Kazakhstan, Kazakhstan Aluminium Smelter (KAS), Eurasian Energy Corporation (EEC), Shubarkol Komir and Transportation Group TransCom LLP are among the Group’s major assets in the Republic.
Africa
Our African assets include production facilities and development projects in the core copper and cobalt business, as well as in manganese, platinum, bauxite, fluorspar and coal, with operations in the Democratic Republic of the Congo (DRC), Republic of Zambia, The Republic of South Africa, Zimbabwe, Mali and Mozambique.
ERG mines and processes copper and cobalt ore and produces copper and cobalt hydroxide. It has recently launched Metalkol Roan Tailings Reclamation (RTR), a major tailings reprocessing operation in the DRC.
Brazil
In the State of Bahia in Brazil, ERG is pioneering an integrated mining and logistics project comprising the Pedra de Ferro iron ore mine, the Porto Sul deep-water port and the associated new FIOL broad-gauge railway.
Strong relationships with existing partners and the stake of the Kazakhstan government in the Eurasian Resources Group ensure continued support for the Group’s business plans, which is especially important against the backdrop of the macro-economic uncertainties in the industry and the prolonged period of volatility in commodity prices.
The Group is developing large-scale investment projects in conjunction with the Chinese Government and its policy banks as part of 'One Belt, One Road" Initiative. These projects are aimed at fuelling the industrialisation and infrastructural growth in Central Asia and Africa and at improving the livelihood of thousands of local citizen.
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