Eurasian Resources Group

MiningLuxembourg, Luxembourg10001+ Employees

Eurasian Resources Group (ERG) is a leading diversified natural resources group headquartered in Luxembourg. The Group is a major employer in the industry with over 80,000 people working for it globally. ERG sells products in more than 40 countries. The Group’s main shareholder (40% stake) is the Government of the Republic of Kazakhstan.

ERG is one of the world’s largest producers of cobalt and ferrochrome and is a large international supplier of copper and iron ore. In Eurasia, it is a leading supplier of alumina and is the only producer of high-grade aluminium in Kazakhstan.

Overall, in Kazakhstan, ERG represents one third of the metals and mining sector. It operates many of the leading production entities, including Kazchrome, Sokolov-Sarbai Iron Ore Mining Production Association (SSGPO), Kazakhstan Aluminium Smelter, Aluminium of Kazakhstan, Eurasian Energy Corporation, and others. The Group is a key power supplier and a large railway operator in Central Asia.

ERG Africa also forms a core part of the Group’s international asset portfolio. In the Democratic Republic of the Congo, Frontier is the cornerstone of the Group’s copper business and Metalkol is a major tailings reprocessing operation, which has become one of the world’s largest producers of cobalt and a major producer of copper. The Group also has development projects in South Africa and Zimbabwe which are focused on other minerals and products. In addition, the Group has its own supply chain on the continent through its logistics company SABOT.

In Brazil, ERG is developing BAMIN, an integrated mining and logistics project in the State of Bahia, which comprises the Pedra de Ferro high-grade iron ore mine, the Porto Sul deep-water port and the associated stretch of the new FIOL broad-gauge railway.

ERG is a founding member of the Global Battery Alliance (GBA), which includes more than 180 leading businesses, international organizations, NGOs and research institutes.

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