GROUP AT A GLANCE

Corporate presentation
Sustainable Development Review-2024

Eurasian Resources Group (ERG) is a leading diversified natural resources group headquartered in Luxembourg. ERG is a major employer in the industry and sells products in more than 40 countries.

67,000

employees

With a successful track record of around 30 years in the global metals and mining industry, ERG's integrated operations span the entire value chain from extraction and production, through to processing, energy, logistics and marketing.

Today ERG is one of the world’s leading producers of high-carbon ferrochrome by chrome content, underpinned by fully integrated chrome ore assets. It is also a major African copper producer and one of the world's largest producers of cobalt. In addition, ERG is the only producer of primary aluminium in Kazakhstan, the sole supplier of alumina in Central Asia, and the largest supplier of iron ore in the region.

ERG's materials help meet the needs of industries and societies across the world and enable future economic growth. ERG’s customers are working in various sectors including metals industry, energy, transport, engineering, chemicals, and construction.

ERG is 40% owned by the Kazakhstan government while Dr Patokh Chodiev and the heirs of the two other founding shareholders, Mr Alijan Ibragimov and Dr Alexander Machkevitch, own each around 20%. 

Our plants

Eurasian Resources Group is a pillar of economic growth and social development in the Republic of Kazakhstan. Its operations in the country represent more than one-third of its metals and mining industry. ERG supplies electricity that accounts for one fifth of the country’s output, and is 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.

ERG is a long-term investor in Africa with its core copper and cobalt production facilities in the Democratic Republic of the Congo. This includes Metalkol, a major tailings reprocessing operation, which is one of the world’s largest producers of cobalt and a large producer of copper, and Frontier, a large-scale supplier of high-quality copper concentrate. It holds a portfolio of assets in other minerals such as fluorite and platinum, at different stages of development, in South Africa and Zimbabwe. ERG also has its own logistics supply chain on the continent, SABOT.

In the State of Bahia in Brazil, ERG owns a large fully integrated mining and logistics project comprising a high-quality iron ore mine, a deep-water port and a stretch of the west-east integration railway.

Kazakhstan

Eurasian Resources Group is a pillar of economic growth and social development in the Republic of Kazakhstan. Its operations in the country represent more than one-third of its metals and mining industry. ERG supplies electricity that accounts for one fifth of the country’s output, and is 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
 
ERG is a long-term investor in Africa with its core copper and cobalt production facilities in the Democratic Republic of the Congo. This includes Metalkol, a major tailings reprocessing operation, which is one of the world’s largest producers of cobalt and a large producer of copper, and Frontier, a large-scale supplier of high-quality copper concentrate. It holds a portfolio of assets in other minerals such as fluorite and platinum, at different stages of development, in South Africa and Zimbabwe. ERG also has its own logistics supply chain on the continent, SABOT.

 

Brazil

In the State of Bahia in Brazil, ERG is pioneering an integrated iron ore mining and logistics project comprising the Pedra de Ferro mine, the Porto Sul deep-water port and the associated new FIOL broad-gauge railway.

 

Strong relationships with its strategic 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.

 

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