#ERG

Companies & Organisations

Kazakhstan’s Ministry of Finance Transfers 40% Stake in ERG to Samruk-Kazyna Fund

Kazakhstan's Ministry of Finance has transferred its 40% stake in ERG to Samruk-Kazyna, aiming to bolster the national budget and streamline state asset management.

Companies & Organisations

ERG Shareholders Consider Splitting Kazakhstan and International Mining Businesses

Eurasian Resources Group is considering separating its Kazakhstan and international mining businesses in a restructuring that could reshape ownership and position both entities for future partnerships.

Companies & Organisations

ERG to Invest Over $1 Billion in Mining and Metallurgical Projects in Kazakhstan

Eurasian Resources Group plans to invest more than $1 billion in Kazakhstan, targeting new plants, mine development and higher value-added metals production.

Companies & Organisations

Kazchrome Launches AI Integration Project at Aksu Ferroalloy Plant

Kazchrome has launched an AI pilot project at its Aksu Ferroalloy Plant to optimise furnace operations and boost efficiency.

Companies & Organisations

ERG Opens Pioneering Solar-Powered School in Kazakhstan as Part of KZT15 Billion Education Drive

Eurasian Resources Group (ERG) has unveiled a state-of-the-art preparatory high school in Rudny, Kazakhstan, marking a major milestone in its KZT15 billion (US$32 million) "ERG mektep" education initiative. The KZT7.8 billion (US$16.6…

Industry News

Kazakhstan and DR Congo Sign Mining and Geology Cooperation Agreements

Kazakhstan and the DRC have signed agreements to deepen cooperation in mining, geology, and diplomacy.

Companies & Organisations

SSGPO Secures $400 Million Syndicated Loan for Strategic Expansion

Sokolovsko-Sarbayskoye Mining Production Association (SSGPO), a subsidiary of the Eurasian Resources Group (ERG), has secured a new syndicated credit facility of up to $400 million, signalling a complex financial strategy within the…

Companies & Organisations

Eurasian Resources Group Launches Major Wind Farm in Kazakhstan

Eurasian Resources Group has unveiled the Khromtau Wind Farm in Kazakhstan, a US$142 million project set to generate 500 million kWh of green energy annually, marking a major step in Central Asia’s…

Companies & Organisations

Eurasian Resources Group (ERG) plans to Issues Guaranteed Bonds Worth Up to $100 Million

Kazakhstan Electrolysis Plant, part of Eurasian Resources Group (ERG) and engaged in primary aluminium production, will issue three-year bonds totalling up to $100 million, as announced by ERG.

Companies & Organisations

ERG is Definitely Not for Sale

“ERG is definitely not for sale,” stated Ibragimov, emphasiaing that there are no ongoing discussions about the sale of the company.