Eurasian Energy Corporation JSC

Press releases

21.04.2025

Eurasian Resources Group refutes negotiations to sell the Company

08.04.2025

Eurasian Resources Group implements 3D visualisation of equipment at its iron ore business in Kazakhstan

22.03.2025

Passing of Dr Alexander Machkevitch, one of the Founders of ERG

06.02.2025

ERG implements an AI project focused on a smart machine vision system, saves over $US 300,000 in production costs

08.01.2025

Eurasian Resources Group received the first “green” kilowatts at its two inaugural wind generators

11.12.2024

ERG launches Bolashak, its new flagship highly-automated chrome mine in Kazakhstan, and will be gradually ramping it up to full design capacity of 7.5 mln tonnes of ore per annum

25.11.2024

Eurasian Resources Group’s COMIDE Supports Agricultural Development in the DRC with Fertilizers and Seeds for 194 Hectares as Part of the 2024 - 2028 Cahier des Charges

24.10.2024

Eurasian Resources Group Releases Sustainable Development Report for the year 2023, Entitled: ‘Resilient, Future-focused, Delivering Societal Value’

02.10.2024

Eurasian Resources Group announces leadership transition: Shukhrat Ibragimov appointed CEO to succeed Benedikt Sobotka

30.09.2024

ERG announces a sale agreement with Greyridge Exploration for its exploration undertakings in Saudi Arabia

02.09.2024

ERG announces a Pre-Export Finance Facility Agreement based on Copper Supply from Metalkol

21.08.2024

The DRC Minister of Mines, H.E. Mr Kizito Pakabomba, visits Metalkol SA, salutes the company’s commitment and contribution to a sustainable and inclusive development of the mining sector in the DRC

Eurasian Resources Group signs memoranda of understanding with leading global companies from Japan

30.07.2024

ERG continues to diversify its cobalt sales, signs agreements with established players in North America, Europe and Japan

17.07.2024

Changes to the ERG Board of Directors

15.07.2024

Eurasian Resources Group Releases Fourth Metalkol Clean Cobalt & Copper Performance Report

15.04.2024

Eurasian Resources Group to Donate 500 Million Tenge to Flood Victims

08.04.2024

Eurasian Resources Group Inks MoU to Supply Cobalt to Japanese market with Mechema and Marubeni

02.04.2024

Electra and Eurasian Resources Group Sign Cobalt Supply Agreement

10.01.2024

World-first smart exploration rover – NOMAD – unveiled at the Future Minerals Forum in Riyadh, Eurasian Resources Group

23.10.2023

ERG in Africa breaks ground on a hydrometallurgical plant at COMIDE to produce copper and cobalt in the DRC

20.10.2023

BRI Forum - ERG to build a high-quality cobalt beneficiation facility in the DRC, signs EPC contract with China’s BGRIMM

18.10.2023

ERG co-organises a concert of the glorious Kazakhstan ensemble “Sazgen Sazy” in the Conservatoire de Luxembourg

17.10.2023

Eurasian Resources Group publishes its Sustainable Development Report

11.10.2023

Eurasian Resources Group signs a five-year agreement with EVelution Energy to supply cobalt for their future processing facility in the US

11.10.2023

ERG’s Metalkol in Africa achieves ISO 9001:2015 certification for copper and cobalt hydroxide production

05.09.2023

ERG’s BAMIN signs letters of intent with Brazilian banks for financial structuring of the Group’s high-grade iron ore mining and logistics project

28.08.2023

ERG Africa’s Boss Mining signs Community Development Plan Agreement with new community partners in the DRC

25.08.2023

ERG notes that the SFO has officially closed its long-standing investigation into ENRC with no charges brought

15.08.2023

Eurasian Resources Group Africa signs Community Development Plan Agreement at its COMIDE asset in the Democratic Republic of the Congo

07.07.2023

ERG commences the construction of FIOL 1 Railway in Bahia, capable of transporting 60 mln tons of cargo annually; receives endorsement from the President of Brazil

05.07.2023

ERG’s Graduate Programme for Young Geologists Fosters Skills and Innovation in Saudi Arabia

27.06.2023

Eurasian Resources Group welcomes China’s $72 billion investment in EV sector

07.06.2023

Eurasian Resources Group named by ICDA as the best-in-class for ESG Governance at the Chrome Industry Sustainability Awards 2023

07.04.2023

Eurasian Resources Group’s BAMIN announces winner to execute works in export logistics corridor in Bahia

28.03.2023

Eurasian Resources Group’s BAMIN signs sales agreement on exports from Pedra de Ferro mine in Brazil

23.03.2023

Eurasian Resources Group welcomes the EU’s Critical Raw Materials Act

25.01.2023

Eurasian Resources Group enters the Kingdom of Saudi Arabia, plans long-term investment

19.01.2023

ReSource blockchain platform: Eurasian Resources Group profiles successful demonstration of first EV battery passports pilots together with CMOC, Glencore and the GBA

18.01.2023

Global Battery Alliance, where ERG is a Founding Member, Launches World’s First Battery Passport Proof of Concept

19.12.2022

Views on the cobalt, copper and aluminium markets for 2023: from Eurasian Resources Group

06.12.2022

ERG and Gécamines restart operations at Boss Mining in the DRC

26.10.2022

Eurasian Resources Group publishes its Sustainable Development Report 2021

07.10.2022

Information notice: organisational changes at Eurasian Resources Group

23.08.2022

EDB provides USD 55 million in financing to ERG’s SSGPO in Kazakhstan

22.08.2022

Eurasian Resources Group to invest USD 230m in building the most powerful wind power plant in Aktobe, Kazakhstan

18.07.2022

ERG’s Metalkol RTR releases its Clean Cobalt & Copper Performance Report 2022, assured by independent auditors, PwC

14.07.2022

Eurasian Resources Group upgraded by S&P to ‘B’ on strong performance and reduced debt; outlook is stable

16.06.2022

Eurasian Resources Group announces ambitious plans of green hydrogen replacement and development of wind and solar energy portfolio at Kazakhstan Foreign Investors Council

15.06.2022

ERG’s Metalkol Wins Three Awards for Galvanising and Mentoring Women in the Democratic Republic of the Congo

10.06.2022

ERG’s plant in Kazakhstan awarded high rating by Toyota expert following audit in accordance with the carmaker’s Production System

19.05.2022

ERG’s inaugural Group-wide Youth Forum convenes together young production manufacturers and plant managers from Africa, Brazil, Kazakhstan and Europe

31.03.2022

Eurasian Resources Group, along with the Embassy of Kazakhstan to Belgium and the Honorary Consulate of Kazakhstan in Luxembourg, hosts event to celebrate Nauryz

15.02.2022

ERG carries out exploration works in Kazakhstan, commences drilling at an additional site in the Aktobe Region

14.01.2022

High delegation of ERG supports Saudi Arabia for initiating a collaborative approach to future growth of mining industry at the landmark Future Minerals Forum

07.01.2022

All ERG’s enterprises in Kazakhstan continue to operate, with the situation under control

16.12.2021

Eurasian Resources Group reinforces its commitment to responsible supply chains, launches a dedicated website section

16.12.2021

Eurasian Resources Group acquires Manganese Zhairema JSC

30.11.2021

ERG supports global transition towards green energy through its partnership with the DRC-Africa Business Forum 2021

29.11.2021

ERG participates in roundtable discussions on Kazakhstan-Belgium-Luxembourg cooperation

01.11.2021

ERG publishes Sustainable Development Report 2020

23.09.2021

ERG’s Kazchrome awarded ICDA’s Responsible Chromium Label

15.09.2021

Eurasian Resources Group and NFC China to construct a 400 ktpa special coke plant at Shubarkol Komir in Kazakhstan

08.09.2021

Eurasian Resources Group signs agreement to complete and operate a stretch of the FIOL railway in Brazil, proceeds to create a new logistics corridor

12.08.2021

Re|Source cements partnership with Tesla

18.06.2021

ERG marks progress in eliminating child labour from mining in the wider industry

14.06.2021

ERG takes part in key panel discussion on climate change agenda in developing countries - organised by Climate Governance Initiative Russia in collaboration with Sber

10.06.2021

Sber and Eurasian Resources Group to develop ESG standards for the mining and metals industry

07.06.2021

SPIEF’21: The Eurasian Development Bank intends to provide financing to SSGPO, Eurasian Resources Group’s iron ore division

07.06.2021

SPIEF’21: Sber and Eurasian Resources Group to work on joint digital projects

20.05.2021

EV supply chain majors pilot Re|Source, a blockchain solution for end-to-end cobalt traceability

29.04.2021

Eurasian Resources Group issues its Action Pledge in support of the United Nation’s International Year for the Elimination of Child Labour

27.04.2021

Eurasian Resources Group establishes ESG Committee

15.04.2021

ERG congratulates Good Shepherd International Foundation, winner of Thomson Reuters Foundation’s Stop Slavery Hero Award 2021

09.04.2021

BAMIN wins bid to operate FIOL railway, a boost to ERG’s iron ore project in Brazil

11.03.2021

ERG announces the appointment of Mr Shukhrat Ibragimov to its Board of Managers

10.02.2021

ERG’s Kazchrome sets a historic ferroalloys production record

03.02.2021

We announce with great sorrow that on February 3, 2021, Mr Alijan Ibragimov, one of the founders of ERG and a member of its Board of Directors, passed away at the age of 67

12.01.2021

ERG among first 25 businesses to support “Terra Carta” under leadership of HRH The Prince of Wales and the Sustainable Markets Initiative

24.12.2020

ERG’s Kazakhstan Aluminium Smelter increases aluminium production on soaring domestic and European demand

16.12.2020

BAMIN: ERG’s investments in Brazil show results

26.11.2020

Eurasian Resources Group’s Metalkol RTR Commits to Responsible Minerals Assurance Process

22.10.2020

Eurasian Resources Group co-hosts concert in Luxembourg to mark 175 years to Abai Kunanbayev

14.10.2020

Eurasian Resources Group publishes Sustainable Development Report 2019

07.10.2020

Eurasian Resources Group Joins 1000 International Business Leaders to Pledge Support for Multilateralism as UN Turns 75

12.08.2020

Eurasian Resources Group donates USD2.4m to help fight COVID-19 in Kazakhstan

23.07.2020

ERG’s Aktobe Ferroalloy Plant gets about 300 oxygen cylinders for city hospitals refueled on a daily basis

26.06.2020

Mr Alijan Ibragimov, shareholder of ERG, was awarded for his contribution to the fight against COVID-19

04.06.2020

Eurasian Resources Group launched a separate communications channel to discuss innovative ideas with its suppliers

12.05.2020

Eurasian Resources Group (ERG) allocates $US 5 million to help residents of Turkestan region in Kazakhstan

14.04.2020

COVID-19: Eurasian Resources Group supports employees and operations in Kazakhstan with additional prevention measures

03.04.2020

COVID-19: Eurasian Resources Group's Top Managers Have Offered to Take a Temporary 30% Reduction in their Salaries

23.03.2020

Eurasian Resources Group joins Kazakhstan’s efforts to fight the coronavirus, pledges around USD 10 mil to establish a Nazarbayev-led foundation

19.03.2020

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

19.02.2020

Eurasian Resources Group plans battery material plant

23.01.2020

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

06.12.2019

The first ever official celebrations of Kazakhstan's Independence Day were held in Luxembourg

15.11.2019

Eurasian Resources Group joins innovative organisations to support the NewSpace Europe 2019 in Luxembourg

28.10.2019

Eurasian Resources Group One Of Seven Mining and Metals Companies Partner on Responsible Sourcing with World Economic Forum

11.10.2019

Eurasian Resources Group becomes a Platinum partner of flagship Mining Space Summit in Luxembourg

08.10.2019

Eurasian Resources Group publishes Sustainable Development Report 2018

03.10.2019

The first Festival of Kazakhstan Cinema in France supported by Eurasian Resources Group

23.09.2019

Eurasian Resources Group supports inaugural Bon Pasteur child protection centre in Kolwezi for almost 1000 children to take them out of mining and provide free education and other services

18.09.2019

Eurasian Resources Group supported the first ever Kazakh meet-up in Luxembourg

12.08.2019

ERG’s Metalkol RTR announces inaugural Clean Cobalt Performance Report

05.08.2019

New smelting furnace commences production at Aksu Ferroalloy Plant

31.07.2019

Eurasian Resources Group launches innovative electrostatic air filters overhaul in Kazakhstan

25.07.2019

Eurasian Resources Group increased aluminium output by 2.4% in first half of 2019

03.07.2019

Eurasian Resources Group to further promote digital transformation through new and augmented partnerships with ARC Advisory Group and SAP

04.06.2019

ERG became the first industrial company in Kazakhstan to support the international Green Office Project

24.05.2019

Eurasian Resources Group signs a major agreement for the construction of port in Brazil as part of its BAMIN project

22.05.2019

Eurasian Resources Group presents the results of its Student Entrepreneurship Ecosystem programme

14.05.2019

Gala reception in Luxembourg marks Eurasian Resources Group’s five-year anniversary and the opening of the Honorary Consulate of the Republic of Kazakhstan in the Grand Duchy

01.04.2019

Eurasian Resources Group provides financial support to Mozambique and Zimbabwe

27.03.2019

Luxembourg celebrates Nauryz for the first time

17.03.2019

Eurasian Resources Group acts as a general sponsor of the World Team Chess Championship in Kazakhstan

01.02.2019

Eurasian Resources Group helps Kazakhstan identify the professions of the future

26.11.2018

Eurasian Resources Group secures electricity supply for its copper operation at Frontier Mine in the DRC

16.10.2018

Honeywell and Eurasian Resources Group sign Memorandum of Understanding to enhance productivity of Global Operations

27.08.2018

Eurasian Resources Group reports progress in embedding sustainability

09.08.2018

Eurasian Resources Group achieves credit rating upgrade from Moody’s; outlook positive

02.08.2018

ERG’s Metalkol signs a ten-year agreement to secure electricity supply to its cobalt and copper operations in the DRC

26.07.2018

Eurasian Resources Group plans to strengthen its aluminium business

10.07.2018

Eurasian Resources Group upgraded to ‘B’ by S&P following stronger results; outlook positive

21.05.2018

Kazchrome Achieves Record-High Chrome Ore Output and Ferroalloys Production in 2017; Highlights Sustainable Development Achievements

18.04.2018

Eurasian Resources Group acquires a controlling stake in JSC 3-Energoortalyk, which owns a thermal power plant in Kazakhstan

17.04.2018

Aksu Ferroalloy Plant passes the 35 Mt milestone ferroalloy output

06.02.2018

Eurasian Resources Group increases its aluminium production by 7.8% up to 254 kt in 2017

16.01.2018

Eurasian Resources Group completes the construction of two new bauxite mines

06.12.2017

Eurasian Resources Group launches a “Smart Mine” for its iron ore production complex in Kazakhstan

28.11.2017

Eurasian Resources Group Declared Most Innovative Company in Kazakhstan

28.11.2017

Eurasian Resources Group discloses key sustainability indicators for 2016; highlights $56 million in community social investment and $440 million of savings

18.10.2017

ERG's Innovators’ Forum to expand its scope

17.10.2017

Eurasian Resources Group improves the terms of financing for iron ore supplies provided by the Eurasian Development Bank

04.09.2017

ERG and Bahia Mineração announce signing of MoU with State of Bahia and Chinese consortium to develop 20 mtpa integrated iron ore project

10.07.2017

Slag Processing Facility to be Built at the Aksu Ferroalloys Plant

14.06.2017

Eurasian Resources Group commits to paying employer-sponsored health care contributions for its employees during the introduction of mandatory health insurance in Kazakhstan

08.06.2017

Eurasian Resources Group is the Diamond Partner of the National Pavilion of the Grand Duchy of Luxembourg at Astana EXPO 2017

23.05.2017

Eurasian Resources Group extends its Agreement with the Fondazione Internazionale Buon Pastore Onlus

17.05.2017

Eurasian Resources Group Improves Performance of its Frontier Mine in the Democratic Republic of the Congo to produce over 107kt of Copper in 2016

15.05.2017

Eurasian Resources Group starts mining at a new chrome deposit in Kazakhstan with reserves exceeding 3 Mt of ore

28.04.2017

International delegates discussed future challenges of the chrome industry and visited ERG’s new ferroalloy plant in Aktobe as part of the ICDA Members Meeting conference in Kazakhstan

28.03.2017

Eurasian Resources Group launches an initiative to support student entrepreneurship

06.03.2017

Eurasian Resources Group to apply an innovative management system for rail cargo transportation between Russia and Kazakhstan

31.01.2017

Eurasian Resources Group launches awards to support start-ups in Kazakhstan

09.01.2017

Eurasian Resources Group improves performance of its Kazakhstan Aluminium Smelter to produce over 235,000 tons of primary aluminium in 2016

07.12.2016

Kazakhstan Aluminium Smelter is awarded the special Quality Leader prize of the Altyn Sapa Award of the President of the Republic of Kazakhstan

24.10.2016

ERG presents at major conference for the mining industry in Brazil: sets the course for BAMIN development, discusses key technological trends

04.10.2016

Eurasian Resources Group and Eurasian Development Bank sign a $US95M four year prepayment agreement for iron ore supply

27.09.2016

ERG Board of Managers Announcement

08.08.2016

Eurasian Resources Group provided support to the Kazakh Olympic team in Brazil

07.07.2016

Eurasian Resources Group completes transaction to acquire 100% of Africo Resources Limited

23.06.2016

Eurasian Resources Group and China Nonferrous enter into a strategic long-term sales agreement for the delivery of copper concentrate from the Frontier mine in the DRC

29.05.2016

ERG considers new investments to Kazakhstan, makes a contribution to dialogue on the Eurasian integration at Astana Economic Forum

27.05.2016

Eurasian Resources Group optimistic for the future of global energy and resources

12.05.2016

Eurasian Resources Group helps strengthen ties between Europe and China through Luxembourg economic mission

13.04.2016

Eurasian Resources Group starts to manufacturing blooms at its SSGPO plant

01.04.2016

Eurasian Resources Group takes part in the meeting with Premier of the Republic of China, unveils joint projects and initiatives in metals & mining and infrastructure

07.03.2016

KAS Has Received the First Shipment of Local Calcinated Coke

03.03.2016

The Aksu Ferroalloys Plant To Introduce A Novel Way of Shipment

18.02.2016

A new process control system is implemented at the Aksu Power Plant

12.02.2016

Eurasian Resources Group at Mining indaba: 'Africa central to future growth'

29.01.2016

Eurasian Resources Group actively participates in the World Economic Forum Annual Meeting in Davos

15.12.2015

ERG's management were granted a government award

13.11.2015

ERG enterprises from Pavlodar region will implement better environmental practices

02.09.2015

Eurasian Resources Group enters into a principal agreement with China's NFC to complete the construction of its project in Africa; EXIM and ICBC to support the financing, Sinosure to provide the insurance

Market news

28.01.2025

Astana Times: Kazakhstan Launches Powerful Wind Turbines in Aktobe Region

27.01.2025

Eurasian Resources Group sees hefty growth in copper, stainless steel and aluminium markets in 2025

27.01.2025

Platts: Global copper, stainless steel, aluminum markets all set to grow in 2025: ERG

14.11.2024

Astana Times: Kazakhstan Youth Art Honors World Heritage at UNESCO Paris

02.10.2024

Interfax.com: Shukhrat Ibragimov heads Eurasian Resources Group

31.07.2024

Global Mining Review: ERG signs cobalt agreements in North America, Europe, and Japan

17.07.2024

Merkur: Changes to the ERG Board of Directors

04.04.2024

Edie: Global Battery Alliance: Product Innovation of the Year – Solutions, Systems & Software

08.02.2024

Bloomberg TV: Africa Plays Key Part in Green Transition, ERG CEO Says

09.01.2024

Views on the copper and cobalt markets for 2024 from Eurasian Resources Group

20.10.2023

Bloomberg: ERG Plans $800 Million Reboot of Idled Congo Copper-Cobalt Mine

20.10.2023

Mining Weekly: ERG partners with Chinese firm to build cobalt beneficiation facility in the DRC

11.10.2023

Reuters: ERG signs deal to sell cobalt to US battery materials producer

22.09.2023

Bnamericas: Brazil to unveil details of major rail line tender

21.09.2023

World Economic Forum: What can we do to achieve our SDG and climate goals? Here are the answers we got at SDIM23

08.09.2023

Global Mining Review, BAMIN signs LOI for financial structuring of iron ore project

30.08.2023

Geo: When climate protection destroys nature: About the dark side of the energy transition

04.05.2023

The Madras Tribune: How America plans to break China’s grip on African minerals

25.04.2023

Bnamericas: Bahia state sees major increase in mining sector revenues

13.04.2023

Fastmarkets: ERG aims to maximize benefits of energy efficiency in drive to net zero ferro-chrome production

22.03.2023

International Mining: ERG on responsible tailings management for a sustainable future

07.02.2023

Bloomberg: Mining Firm ERG to Spend $1.8 Billion Doubling African Copper, Cobalt Outpu

20.01.2023

Reuters: Davos 2023 ERG sees copper rising on high demand, supply worries

18.01.2023

Wall Street Journal: Global Battery Alliance Creates Digital Passport to Enhance Battery Transparency

16.01.2023

Fastmarkets: Miners have to make move into higher risk jurisdictions, ERG CEO says

22.08.2022

EU Reporter: Eurasian Resources Group to invest USD 230m in building the most powerful wind power plant in Aktobe, Kazakhstan

25.05.2022

Reuters from Davos: Commodities in 'perfect storm' says ERG, as crisis starts super cycle

23.05.2022

EUReporter: Young mining and metals specialists from Europe meet their African, Brazilian and Kazakhstan's counterparts at ERG’s inaugural Group-wide Youth Forum

18.02.2022

Platts: Insight Conversation with Benedikt Sobotka, CEO of Eurasian Resources Group

03.02.2022

Arab News: Luxemburg’s ERG to boost well-drilling in Kazakhstan to 100,00 linear meters

10.12.2021

S&P (Platts): Metals industry needs regulation or framework to make 'green' sales viable: miners

06.12.2021

Modern Mining: ERG supports transition towards green energy with DRC-Africa Business Forum partnership

06.12.2021

Mining Weekly: Eurasian Resources, Sber create ESG alliance

01.12.2021

EU Reporter: ERG participates in roundtable discussions on Kazakhstan-Belgium-Luxembourg cooperation

23.06.2021

ESG Clarity: Electric cars and digital devices must be free from child labour

23.06.2021

Fortune: The batteries that will power our green recovery

23.06.2021

Moody’s, Rating Action: Moody's upgrades ERG to B1, stable outlook

21.06.2021

Mining Review Africa: Marking the progress of wiping out child labour in the DRC

28.05.2021

SPIEF official magazine. Alexander Machkevitch: “Digital progress, clean energy, and ethical growth will facilitate the transition to the economy of the future”

27.04.2021

Merkur: Eurasian Resources Group establishes ESG Committee

29.03.2021

Global Mining Review: Q&A from ERG on the role of mining in shaping the global economy post-pandemic

12.02.2021

Modern Mining: ERG’s Kazchrome sets new ferroalloys output record in 2020

21.01.2021

S&P Global FEATURE: Vertical integration, digitization needed for EV battery supply train traceability

13.07.2020

Kazinform - 150-year-old jeweler’s tools unearthed at Kultobe ancient settlement

09.07.2020

Edie - UK businesses betting on the future of e-mobility should think about batteries today

06.07.2020

International Mining: Astec’s Osborn completes major crusher &feeder order for Kyrgyz Jerooy gold project

06.07.2020

Copper Investing News - ERG: Copper Prices Could Reach US$7,000 Next Year

12.06.2020

Forbes - A Passport For Batteries Will Make A 19 Times Bigger Industry Sustainable

10.06.2020

Interfax - ERG subsidiary to invest 825.5 million tenge in Shymkent CHPP

02.06.2020

Mining Weekly - ERG says cobalt market can only benefit from EU’s green plan

22.05.2020

China Daily - Top execs weigh in on post-pandemic business prospects

29.04.2020

CNBC Africa - Eurasian Resources CEO speaks on COVID-19 impact on business & demand for battery metals amid global lock-downs

03.04.2020

Merkur (Luxembourg) - Covid-19: Eurasian Resources Group’s Top Managers Have Offered to Take a Temporary 30% Reduction in their Salaries

24.03.2020

Global Mining Review - Eurasian Resources Group joins Kazakhstan’s efforts to fight COVID-19

04.02.2020

CNBC Africa - Eurasian Resources CEO reveals the biggest purchase order for the mining industry & how Africa stands to benefit

06.12.2019

Chronicle (Luxembourg) - Kazakh Community Celebrates National Independence in Luxembourg

06.12.2019

Mining Weekly - Automated tech implemented at iron-ore project

25.09.2019

Press conference, Benedikt Sobotka, CEO of ERG: Global Battery Alliance Pledge for Action

19.09.2019

World Economic Forum - Three ways batteries could power change in the world

19.09.2019

World Economic Forum - Decade of the Battery: Sustainable Batteries Represent the Best Prospect for Meeting Paris Climate Goals

06.09.2019

CNBC Africa - Eurasian Resources CEO: Why we are excited about Africa’s investment potential

28.08.2019

Mining Weekly - ERG warns of possible cobalt supply crunch

28.06.2019

MetalBulletin - ERG resumes some cobalt metal production at Chambishi

18.06.2019

Interfax - Kazakhstan Aluminum Smelter plans to double production capacity

17.04.2019

Mining Review Africa - How blockchain is shaping ethics and morals in mining

04.04.2019

Mining Weekly - ERG joins UN Global Compact

26.03.2019

MINE - Using blockchain to clean up the cobalt supply chain

14.03.2019

Business Matters - Eurasian Resources Group: General Partner of the World Team Chess Championship in Kazakhstan

13.03.2019

ERG proud to launch its clean cobalt framework at Metalkol RTR

22.02.2019

Reuters - ERG ships Kazakh alumina to China in drive to find new buyers -sources

05.02.2019

FT - Cobalt hits 2-year low as DRC ramps up supply

22.01.2019

The World Economic Forum - Benedikt Sobotka/Martin Brudermüller: Batteries can power sustainable development. Here’s how

08.01.2019

Cobalt Development Institute - The Cobalt Institute welcomes new Member Metalkol RTR

07.12.2018

Mining Weekly - ERG’s Metalkol Roan Tailings Reclamation project Phase I nearing completion

26.11.2018

Mining Magazine - ERG secures electricity supply for DRC copper mine

09.10.2018

Reuters - ERG bets on cobalt from Congo in quest for growth

02.07.2018

International Banker - Accounting for the cobalt boom

26.06.2018

Metal Bulletin - ERG will raise alumina powder output in 3D manufacturing-focused pilot scheme

19.06.2018

Mining Global - World Mining Congress 2018: The future of mining in Kazakhstan

12.06.2018

Bloomberg - Vale Deal Shows Carmakers Will Need to Pay Up to Secure Cobalt

09.06.2018

China Daily - Belt and Road will be key to SCO countries

25.05.2018

Kazinform - PM gets acquainted with ‘smart mine' technology in Kostanay region

21.05.2018

Shanghai Metals Market - Report: Demand for cobalt to surge by 2025

17.04.2018

Platts - Analysis: China Q1 steel output, prices supports iron ore

11.04.2018

International Mining - ERG says miners need to commit to greenfield copper projects to avoid looming shortages

11.04.2018

Eurasian Resources Group: Market outlook 2018

01.03.2018

Reuters - Miner ERG to more than double aluminum output by 2021

19.02.2018

International Investment - Comment: The policing effect of consumer power

06.02.2018

Metal Bulletin - INTERVIEW: Cobalt market needs representative pricing for intermediates - Southgate

06.02.2018

Metal Bulletin - INTERVIEW: Cobalt boom ‘guaranteed’ for 7-10 years – ERG’s Southgate

05.02.2018

Argus Media - Africa's cobalt to benefit from EV boom

30.01.2018

International Mining - ERG rapidly expanding bauxite mining operations in Kazakhstan

29.01.2018

Metal Bulletin - European Morning Brief 29/01

28.01.2018

Arab News - Consumer power over supply chains

26.01.2018

China Daily (Europe) - The globalization dividend will endure

23.01.2018

China Daily - Xi's vision pertinent for Davos this year

17.01.2018

Nikkei Asian Review - Japanese cobalt traders find there is none left to buy

21.12.2017

China Daily - Alliance to make optimal use of batteries

20.12.2017

Metal Bulletin - ‘Cobalt boom’ here to stay in 2018 as EV interest grows: ERG CEO

19.12.2017

Eurasian Resources Group: Metals Roundup

18.12.2017

Bloomberg - How Batteries Sparked a Cobalt Frenzy and What Could Happen Next

14.12.2017

Mining.com - Kazakhstan’s largest iron ore company now has a smart mine

12.12.2017

Reuters - China's Nanjing Hanrui can't be sure its cobalt did not involve child labour 12 December 2017

08.12.2017

Mining Weekly - Mine improves output as copper price slated to rise

06.12.2017

Kazinform - Kazakhstan's most socially responsible company named in Astana

06.12.2017

Nikkei Asian Review - Crude oil demand may peak before 2030: commodities experts

01.12.2017

Mining Weekly - Electric vehicle revolution a rare investment opportunity as metals demand spikes

30.11.2017

Mining Journal - "Dollars make their way to projects that sustainably source material"

28.11.2017

Reuters - Cobalt, the heart of darkness in the shiny electric vehicle story: Andy Home

27.11.2017

Metal Bulletin - ERG appoints new CEO at Brazilian iron ore subsidiary Bamin

27.11.2017

Reuters - Volkswagen's talks with cobalt producers end without deal

24.11.2017

Financial Times - LME’s cobalt inquiry highlights ethical issues for industry

22.11.2017

Financial Times - LME probes cobalt supplies after complaints over child labour links

10.11.2017

Mining Weekly - New Alliance to ensure responsible cobalt supply from Africa

09.11.2017

Coal International - Eurasian Resources Group’s Shubarkol Komir increases coal output by a third in the first nine months of 2017

01.11.2017

International Mining - Eurasian Resources Group: base metals outlook

31.10.2017

S&P Global Platts - Eurasian Resources Group sees iron ore prices at $55-$65/dmt for one year

31.10.2017

Metal Bulletin - ERG’s RTR on schedule for 2018 production; targeting EV

30.10.2017

Eurasian Resources Group: Base Metals Outlook

17.10.2017

FT - Cobalt stand-off key to future of electric vehicles

02.10.2017

Sustainable Brands - Global Battery Alliance Aims to Eliminate Human, Environmental Toll of Global Battery Supply Chain

20.09.2017

Metal Bulletin - ERG works with WEF to launch Global Battery Alliance for ethical cobalt supply chain

19.09.2017

Mining Journal - Battery industry to clean up act

14.09.2017

CNBC Africa - Eurasian Resources Group CEO speaks on benefits of mining in Africa

04.09.2017

Mining Journal - ERG, Chinese to build new iron ore mine

01.09.2017

Reuters - China ramps up role in Brazilian transport infrastructure

23.08.2017

Bloomberg - Hunt for Next Electric-Car Commodity Quickens as Prices Soar

14.08.2017

Eurasian Resources Group: Outlook for cobalt and copper markets for 2017 and beyond

28.07.2017

Moody's upgrades ERG's rating to B3; stable outlook

27.06.2017

ERG's credit rating upgrade from Standard & Poor's

09.06.2017

Luxemburger Wort - Les yeux doux aux gros sous du Kazakhstan

09.06.2017

Le Quotidien - Bettel and Schneider in Kazakhstan to promote Luxembourg

09.06.2017

Chronicle - ERG Becomes Partners with the Luxembourg Pavilion at Astana EXPO 2017

06.06.2017

La Tribune Afrique - Mines : le cobalt explose tous ses records de prix

05.06.2017

Bloomberg – Owner of $1 Billion Cobalt Project Says Rally Is Far From Over

02.06.2017

Mining Weekly - Revised plan, operational improvement, investment increase production

24.05.2017

International Mining - ERG starts new chrome mine in Kazakhstan and hikes Frontier’s DRC copper output

24.05.2017

Mining Review Africa - Eurasian Resources Group extends SHEC agreement in Democratic Republic of Congo

18.05.2017

Mining Review Africa - Eurasian Resources Group improves performance at its Frontier mine

18.05.2017

Benedikt Sobotka, CEO of Eurasian Resources Group, explains ERG’s outlook on global commodity markets

17.05.2017

Asia & the Pacific Policy Society - A forum and a feint

17.05.2017

Metal Bulletin - ERG starts mining at 300,000 tpy Pervomayskoye chrome deposit

17.05.2017

Mining Weekly - ERG’s DRC mine delivers 35% increase in copper output

02.05.2017

WorldNews - Future challenges of the chrome industry discussed at the ICDA members conference in Kazakhstan

29.04.2017

CGTN -Ask China: How Belt and Road ‘reality’ helps natural resources firm flourish

26.04.2017

People.cn - China-led ‘Belt and Road’ initiative links Kazakhstan with sea

31.03.2017

Environmental Finance - How to eliminate child labour from the battery business

29.03.2017

China Daily-US Edition - ERG: Chinese companies critical to several projects

16.02.2017

The Sydney Morning Herald - Cobalt gets ready to shine from Tesla, Apple, Samsung demand

10.02.2017

Mining Weekly - Producer does part to fight abuse of children in artisanal mining

07.02.2017

Platts - Battery demand to drive lithium, cobalt market for years ahead: panel

24.01.2017

Bloomberg - How Does the Hottest Metals Trade Work? First, Find a Warehouse

20.01.2017

CNBC Africa - Eurasian Resources Group seeks to end child labour in Africa’s mines

19.01.2017

Metal Bulletin - 'Cobalt market has fantastic potential this year'

18.01.2017

Benedikt Sobotka: Cobalt market has fantastic potential

12.01.2017

Aluminium Insider - Eurasian Resources Group Boasts Record Output in 2016

05.01.2017

Group CEO explains ERG’s outlook for 2017

Founded in 1996, Eurasian Energy Corporation JSC (EEC) is one of the largest power suppliers in Kazakhstan. EEC includes two units: the Vostochny open-pit coal mine, which is a unique enterprise specializing in open-pit mining, and the Aksu Power Plant.

Established in 1996

4,528 employees

Chief Operational Director, Energy Division; General Director of EEC JSC:

Duisen Mergaliyev

Coal:

18 million tonnes per annum

Electricity:

16 billion KWh per annum

The entity accounts for 17% of the country’s electricity output.

Coal:

20 million tonnes per annum

Electricity:

16 billion KWh per annum

The entity accounts for 17% of the country’s electricity output.

Since 2001, EEC has been implementing an ambitious programme to rehabilitate generating units of the Aksu Power Plant. To date, comprehensive modernization of five out of eight units has been completed. As a result of the works performed, the installed capacity of the plant now totals 2,450 MW. Rehabilitation of the generating units is aimed at increasing the reserve capacity of the power plant, the reliability and durability of equipment, improving production performance and making it environmentally friendly.

Aksu,
Pavlodar Region

Aksu,
Pavlodar Region