Tag: carbon footprint

  • Kazakhstan’s Kazchrome Earns International Environmental Declaration for High-Carbon Ferrochrome Production

    Kazakhstan’s Kazchrome Earns International Environmental Declaration for High-Carbon Ferrochrome Production

    Kazchrome, the ferrochrome producer owned by Eurasian Resources Group, has obtained an international Environmental Product Declaration for its high-carbon ferrochrome, following an independent lifecycle assessment conducted by global inspection and certification firm SGS.

    The declaration confirms that Kazchrome’s ferrochrome meets rigorous international environmental standards across every stage of its production cycle, from raw material extraction through to end-of-life disposal. The assessment covered a comprehensive range of factors including mining, transportation and preparation of raw materials, water and energy consumption, and the ratio of primary to secondary inputs used in production.

    SGS’s ecology business manager for Kazakhstan and the Caspian subregion, IlyaKorlyakov, said the declaration goes beyond simply measuring a product’s environmental and carbon footprint — it signals a company’s commitment to continuous improvement in production processes in order to reduce its overall environmental burden. In an era of tightening carbon requirements and growing green economy pressures, he said, holding an EPD has become a meaningful competitive advantage in international markets.

    Kazchrome said its use of modern beneficiation, extraction and recycling technologies enables more efficient use of natural resources, reducing dependence on primary raw materials, cutting its carbon footprint and minimising the volume of waste sent to tailings dumps.

    The EPD positions Kazchrome to better meet the procurement and sustainability requirements of international buyers, particularly in Europe, where regulatory pressure on supply chain emissions is intensifying under frameworks such as the EU’s Carbon Border Adjustment Mechanism.

  • Eurasian Resources Group Launches Major Wind Farm in Kazakhstan

    Eurasian Resources Group Launches Major Wind Farm in Kazakhstan

    Eurasian Resources Group (ERG), a global metals and mining company headquartered in Luxembourg, has opened the Khromtau wind farm in Kazakhstan with a capacity of 150 megawatts of green energy. The project is one of the largest renewable energy facilities in Kazakhstan and Central Asia and required an investment of more than US$142 million. The wind farm is located in the Aktobe Region and includes 24 turbines. The facility will generate more than 500 million kilowatt hours of green energy annually. All in all, the facility will help reduce up to 440,000 tonnes of carbon dioxide emissions and save more than 300,000 tonnes of coal each year. The project has been implemented by ERG Capital Projects, a Group subsidiary, with financial support from the Development Bank of Kazakhstan.

    During the opening ceremony of this critical green energy project, Shukhrat Ibragimov, CEO and Chairman of the Board of Directors of ERG, said: “With its Khromtau wind power project, the Group makes a major contribution towards achieving Kazakhstan’s national goal of increasing the share of renewable energy sources. ERG is committed to ESG principles, and the new Khromtau wind power farm is a logical and very ambitious next step while implementing this. ERG’s first wind power project has already become a symbol of our transition to green energy.”

    The ESG Agenda is part of the company’s Strategy. The Group’s medium-term goal is to reduce the carbon footprint of its core products (aluminium, ferroalloys and iron ore pellets) by 30%. To achieve this, ERG is implementing projects with cumulative investments totalling US$300 million. In addition to wind power, these projects include switching the Kacharsky heating centre to gas in the Iron Ore Division, reducing steam consumption and improving the alumina production process in the Aluminium Division, and building a ferroalloy gas recycling power facility at the Aktobe Ferroalloys Plant to convert secondary energy resources into electricity.