Global Battery Alliance, where ERG is a Founding Member, Launches World’s First Battery Passport Proof of Concept
Eurasian Resources Group to invest USD 230m in building the most powerful wind power plant in Aktobe, Kazakhstan
Eurasian Resources Group upgraded by S&P to ‘B’ on strong performance and reduced debt; outlook is stable
ERG’s Metalkol Wins Three Awards for Galvanising and Mentoring Women in the Democratic Republic of the Congo
ERG’s inaugural Group-wide Youth Forum convenes together young production manufacturers and plant managers from Africa, Brazil, Kazakhstan and Europe
ERG carries out exploration works in Kazakhstan, commences drilling at an additional site in the Aktobe Region
Toutes les entreprises d’ERG au Kazakhstan continuent à fonctionner et la situation est sous contrôle
Eurasian Resources Group signs agreement to complete and operate a stretch of the FIOL railway in Brazil, proceeds to create a new logistics corridor
Sber and Eurasian Resources Group to develop ESG standards for the mining and metals industry
Eurasian Resources Group issues its Action Pledge in support of the United Nation’s International Year for the Elimination of Child Labour
ERG congratulates Good Shepherd International Foundation, winner of Thomson Reuters Foundation’s Stop Slavery Hero Award 2021
C'est avec une grande tristesse que nous annonçons le décès de M. Alijan Ibragimov qui a survenu le 3 février 2021. Il était âgé de 67 ans. M. Ibragimov était l'un des fondateurs de ERG et membre de son conseil d'administration.
ERG’s Kazakhstan Aluminium Smelter increases aluminium production on soaring domestic and European demand
Eurasian Resources Group’s Metalkol RTR Commits to Responsible Minerals Assurance Process
Mr Alijan Ibragimov, shareholder of ERG, was awarded for his contribution to the fight against COVID-19
Eurasian Resources Group (ERG) allocates $US 5 million to help residents of Turkestan region in Kazakhstan
COVID-19 : Les cadres supérieurs d'Eurasian Resources Group ont proposé une diminution temporaire de 30 % de leurs salaires
Eurasian Resources Group implements global preventive measures to ensure the smooth running of operations and the safety of its people amidst the COVID-19 virus outbreak; takes appropriate action and plans for the future
Davos, 2020: Eurasian Resources Group among 42 world-leading organisations to agree 10 key principles to foster a sustainable battery value chain, part of the Global Battery Alliance’s 2030 vision
Eurasian Resources Group joins innovative organisations to support the NewSpace Europe 2019 in Luxembourg
Eurasian Resources Group becomes a Platinum partner of flagship Mining Space Summit in Luxembourg
Le premier Festival du Cinéma du Kazakhstan en France est soutenue par Eurasian Resources Group
ERG became the first industrial company in Kazakhstan to support the international Green Office Project
Eurasian Resources Group presents the results of its Student Entrepreneurship Ecosystem programme
Eurasian Resources Group acts as a general sponsor of the World Team Chess Championship in Kazakhstan
Eurasian Resources Group secures electricity supply for its copper operation at Frontier Mine in the DRC
ERG’s Metalkol signs a ten-year agreement to secure electricity supply to its cobalt and copper operations in the DRC
Eurasian Resources Group upgraded to ‘B’ by S&P following stronger results; outlook positive
Eurasian Resources Group acquiert une participation de contrôle dans JSC 3-Energoortalyk, propriétaire d’une centrale thermique au Kazakhstan
Eurasian Resources Group augmente sa production d'aluminium de 7,8% pour atteindre 254 kt en 2017
Eurasian Resources Group lance une « Smart Mine » pour son complexe de production de minerai de fer au Kazakhstan
Eurasian Resources Group publie ses indicateurs clés de durabilité pour 2016, mettant en évidence 56 millions de dollars d'investissements sociaux dans les communautés et 440 millions de dollars d'économies
Eurasian Resources Group améliore les conditions de financement des approvisionnements en minerai de fer fournis par la Banque eurasienne de développement
Construction d’installations de traitement des scories dans l’usine de ferro-alliages d’Aksu
Eurasian Resources Group est le Diamond Partner du Pavillon National du Grand-Duché de Luxembourg à l’EXPO 2017 à Astana
Eurasian Resources Group améliore la performance de sa mine de Frontier en République démocratique du Congo pour produire plus de 107 kt de cuivre en 2016
Des représentants des quatre coins du globe ont discuté des défis futurs de l'industrie du chrome et ont visité la nouvelle usine de ferroalliages d'ERG à Aktobe dans le cadre de la conférence de la réunion des membres de l'ICDA au Kazakhstan
Eurasian Resources Group applique un système de gestion novateur pour le transport de fret ferroviaire entre la Russie et le Kazakhstan
Eurasian Resources Group am?liore les performances de sa fonderie d'aluminium ?Kazakhstan Aluminium Smelter? pour produire plus de 235 000 tonnes d'aluminium primaire en 2016
ERG pr?sent ? la grand-messe de l'industrie mini?re au Br?sil pour d?finir le d?veloppement futur de BAMIN et discuter des principales tendances technologiques
Eurasian Resources Group finalise une transaction en vue de l?acquisition de la totalit? des actions d?Africo Resources Limited
ERG envisage de nouveaux investissements au Kazakhstan et contribue au dialogue relatif ? l?int?gration eurasienne lors du Forum ?conomique d?Astana
Eurasian Resources Group aide ? renforcer les liens entre l?Europe et la Chine par le biais de la mission ?conomique luxembourgeoise
Eurasian Resources Group prend part ? la r?union avec le Premier Ministre chinois et d?voile des projets et initiatives conjointes dans les m?taux et l'exploitation mini?re et les infrastructures.
Eurasian Resources Group present a l'evenement Mining Indaba : L'Afrique au coeur de la croissance future ?
Reuters from Davos: Commodities in 'perfect storm' says ERG, as crisis starts super cycle
S&P (Platts): Metals industry needs regulation or framework to make 'green' sales viable: miners
SPIEF official magazine. Alexander Machkevitch: “Digital progress, clean energy, and ethical growth will facilitate the transition to the economy of the future”
Global Mining Review: Q&A from ERG on the role of mining in shaping the global economy post-pandemic
S&P Global FEATURE: Vertical integration, digitization needed for EV battery supply train traceability
Edie - UK businesses betting on the future of e-mobility should think about batteries today
Merkur (Luxembourg) - Covid-19: Eurasian Resources Group’s Top Managers Have Offered to Take a Temporary 30% Reduction in their Salaries
CNBC Africa - Eurasian Resources CEO reveals the biggest purchase order for the mining industry & how Africa stands to benefit
CNBC Africa - Eurasian Resources CEO: Why we are excited about Africa’s investment potential
International Mining - ERG says miners need to commit to greenfield copper projects to avoid looming shortages
Metal Bulletin - INTERVIEW: Cobalt market needs representative pricing for intermediates - Southgate
Reuters - China's Nanjing Hanrui can't be sure its cobalt did not involve child labour 12 December 2017
Mining Weekly - Electric vehicle revolution a rare investment opportunity as metals demand spikes
Coal International - Eurasian Resources Group’s Shubarkol Komir increases coal output by a third in the first nine months of 2017
S&P Global Platts - Eurasian Resources Group sees iron ore prices at $55-$65/dmt for one year
Sustainable Brands - Global Battery Alliance Aims to Eliminate Human, Environmental Toll of Global Battery Supply Chain
International Mining - ERG starts new chrome mine in Kazakhstan and hikes Frontier’s DRC copper output
Mining Review Africa - Eurasian Resources Group improves performance at its Frontier mine
Eurasian Resources Groups s'engage contre le travail des enfants dans les mines en Afrique (retranscription de l'interview de M. Sobotka pour la CNBC à Davos)
EV supply chain majors pilot Re|Source, a blockchain solution for end-to-end cobalt traceability
Major metals and mining companies CMOC, Eurasian Resources Group (ERG) and Glencore in collaboration with battery material supplier Umicore are piloting ReISource, a solution to trace responsibly produced cobalt from the mine to the electric car. A global EV pioneer and one of the world’s leading battery makers are also part of the pilot. Tested in real operating conditions, from upstream cobalt production facilities in the Democratic Republic of the Congo (DRC) to downstream electric vehicle production sites, the pilot will run until the end of 2021, with the roll-out of the final solution expected in 2022.
Assured through blockchain technology, the solution is a unique industry partnership between EV supply chain majors aiming to accelerate sustainable practices for every unit of cobalt mined, processed and used in end products. Founded by CMOC, ERG and Glencore and launched in 2019, Re|Source was later joined by Umicore, as well as a battery company and an EV producer. It is designed with the direct input of responsible sourcing and supply chain experts from all participating companies, proactively addressing the growing need for cobalt value chain visibility.
The end-to-end collaboration between major cobalt industry players working in the DRC deploys various technologies, including blockchain and Zero-Knowledge Proofs, to link digital flows with physical material flows on the ground. The ground-breaking solution is supported by boutique technology studio Kryha, which is experienced in carbon footprint and metals traceability and known for projects with the World Economic Forum.
To meet the consortium’s mission to ensure that all cobalt used in end products will be sustainably sourced, Re|Source integrates a comprehensive set of industrial sustainable mining and sourcing standards and frameworks, such as ICMM, RMI, IRMA, CIRAF1, Copper Mark and others. The solution therefore also explores how aspects of the related GHG emissions along the value chain can be traced and disclosed.
Benedikt Sobotka, CEO of ERG and Co-chair of the Global Battery Alliance, said: “Eurasian Resources Group prides itself on being a leading cobalt producer globally, operating the second-largest standalone cobalt production facility with a design capacity of 24 ktpa. As part of our continued efforts to ensure cobalt is responsibly sourced and processed, a key focus for ERG has been collaborating with leading public and private organisations to respond to the growing battery market powering the energy transition and the low carbon economy, which is the biggest purchase order in history. Piloting the Re|Source solution is a vital milestone that brings us one step closer to unveiling the significant potential of batteries, while strengthening transparency and the sustainability of battery materials across the value chain – also a mission of the Global Battery Alliance, of which ERG is a founding member.”
In addition to EV supply chain majors, Re|Source is developed with the involvement of a broad group of industry advisors and stakeholders. The solution reflects their expectations about all aspects of sustainably sourced materials and is designed to be used by wide-ranging industry players.
Re|Source also has a direct link with the Battery Passport project of the Global Battery Alliance (GBA), through ERG, Umicore, Glencore and other Re|Source pilot partners who are members of the GBA. The Battery Passport is aimed at transforming the entire value chain to make battery production more responsible and sustainable. The member companies believe that these projects support each other and together they will deliver on the overarching agenda of increasing sustainability in the wider battery supply chain.
More information on Re|Source is available at www.re-source.tech.
Sun Ruiwen, CEO of CMOC, said:
“Re|Source is a very exciting development in the global battery industry. As a global leading producer and trader of cobalt, CMOC and its trading affiliate IXM are committed to the responsible mining, processing and use of cobalt. We believe this initiative will help increase transparency throughout the value chain. In the backdrop of the global energy transition and China pledging carbon neutrality by 2060, the battery industry is growing and expanding rapidly. A transparent and responsible supply chain, bringing together all stakeholders with this joint effort, will give end users greater confidence in cobalt as a raw material.”
Ivan Glasenberg, CEO of Glencore, said:
“Blockchain technology offers us an unprecedented ability for traceability in the supply chain. Through this pilot, we are supporting the development of this tool for our customers who seek to understand and demonstrate the origin of the cobalt units in their products. But traceability is not enough on its own, it must be part of a wider industry effort to bring improvements to the entire cobalt supply chain. This starts with responsible sourcing compliance, for example through RMI; the collective use of wider ESG standards such as CIRAF and ICMM; and supporting the artisanal and small-scale mining (ASM) sector in the Democratic Republic of Congo (DRC) sector through multi-stakeholder initiatives like the Fair Cobalt Alliance (FCA).”
Marc Grynberg, CEO of Umicore, said:
“I am proud to support Re|Source in developing a technology solution to assure traceability in the entire battery industry. For many years, Umicore has been a pioneer in promoting a sustainable value chain by only offering battery materials of a certified and ethical origin. Today, we share our expertise within this innovatory consortium and participate in the pilot to develop an industry-wide traceability technology, which is an important step towards a sustainable value chain for all batteries.”
1 International Council on Mining and Metals (ICMM), Responsible Mining Index (RMI), The Initiative for Responsible Mining Assurance (IRMA), The Cobalt Industry Responsible Assessment Framework (CIRAF)