Companies & Organisations
Unexpected bid intensifies battle for control of Eurasian Resources Group
A surprise $1.4 billion bid by Shahmurat Mutalip has escalated a long-running struggle for control of Eurasian Resources Group.
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21 published stories in this archive.
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…
Industry News
Kazakhstan Lifts Export Duty on Gallium to Boost Strategic Metal Production
Kazakhstan has removed its 10% export duty on gallium to stimulate production and secure a foothold in the global strategic metals market.
Companies & Organisations
Kazakhstan to Become World’s Second-Largest Gallium Producer as ERG Commits $20M Investment
ERG will invest $20 million to produce gallium in Kazakhstan by 2026, aiming to challenge China’s dominance in the critical mineral market.
Industry News
US Investor James Cameron Offers $5B to Acquire Eurasian Resources Group Amid Kazakhstan’s Rare Earth Push
James Cameron has offered $5 billion to acquire ERG, aiming to secure a strategic foothold in Kazakhstan’s booming rare earth sector as the country emerges as a major player in global critical…
Companies & Organisations
Eurasian Resources Group to Invest in Social Projects in Pavlodar Region
Eurasian Resources Group will invest 2.9 billion tenge in socially significant projects in the Pavlodar region this year.
Industry News
ERG has entered into a five-year agreement for the supply of cobalt with EVelution Energy.
Eurasian Resources Group (ERG), a leading diversified group in the extraction and processing of natural resources, has entered into a preliminary five-year agreement with EVelution Energy (EVelution), an American company specializing in…
Industry News
How does the environmental agenda affect Kazakhstan’s industry?
The adoption of ESG principles, encompassing environmental, social, and corporate governance aspects, is gaining momentum worldwide, and Kazakhstan is no exception
Companies & Organisations
ERG’s subsidiary will engage in geological exploration in the Karaganda Region
The ERG Exploration Company (a subsidiary of ERG) will be engaged in geological exploration on 2,800 hectares in the Aktogay District of the Karaganda Region