Eurasian Resources Group (ERG) is a diversified natural resources group with fully integrated mining, processing, energy, logistics and marketing operations. Present in 14 countries across four continents, the Luxembourg-headquartered company employs more than 80,000 people around the world and is one of the leading businesses in Kazakhstan.
The world’s largest high-carbon ferrochrome producer by chrome content, ERG supplies a full range of high-quality ferroalloys through TNC Kazchrome, while Kazakhstan Aluminium Smelter JSC produces high quality aluminium that is trademarked on the London Commodity Exchange.
In Kazakhstan, ERG is the only aluminium producer and its exports account for approximately 90 percent of total output.
ERG is also a major cobalt and copper manufacturer and is enthusiastic about driving the growth of alternative energy through providing the materials for batteries that power electric vehicles, solar panels and smartphones.
“As a responsible global citizen, we have a duty to ensure that the energy of the future comes from ethical sources and we are a leading partner of the World Economic Forum’s campaign to foster a clean battery supply chain,” said ERG CEO Benedikt Sobotka.
“Through our Metalkol Project RTR in the Democratic Republic of the Congo, from late 2018, our clients will start receiving 14 kilotons per year of child-labor-free cobalt, which is sufficient to power up to 1.5 million high end electric vehicles per year,” Sobotka added.
Because Japanese businesses have been among ERG’s most reliable customers, the group values the effective input of its Japanese partners in further strengthening the global supply chains that it is involved in.
“On behalf of the group, I would like to thank our partners in Japan for their support and we look forward to continuing our work with them,” he said.