GROUP AT A GLANCE

Corporate presentation

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.

68,000

people

With a successful track record of around 30 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 one of the world’s largest producers of ferrochrome and cobalt. It is also a large producer of copper, the only producer of high-grade aluminium in the Republic of Kazakhstan and one of the largest suppliers of alumina and iron ore in Eurasia. 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.

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

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, which became the world's second largest standalone cobalt producer.

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.

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.

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 other minerals.

ERG’s Metalkol, a major tailings reprocessing operation in the Democratic Republic of the Congo, has become one of the world's largest producers of cobalt and a large producer of copper. Frontier is the cornerstone of the Group’s copper business

ERG has also recently breaked ground on a hydrometallurgical plant at COMIDE which comprises some of the largest known copper and cobalt resources globally, still to be developed. 

The Group has its own supply chain on the continent through its logistics company Sabot as well as development projects which are focused on other minerals and products, including in South Africa, Mozambique and Zimbabwe.

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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