The Company’s history
In 2014, the Eurasian Group celebrated the 20th anniversary.
In 2014, the Eurasian Group celebrated the 20th anniversary.
At the Aksu Power Plant, JSC Eurasian Energy Corporation put into operation the 220 kV outdoor switchgear following its upgrading.
Sponsored by ERG, an up-to-date equipment system was bought for patients of the children's hospital in Rudny
A shunting diesel locomotive was added to the service fleet of the power plant of JSC Eurasian Energy Corporation.
At Kazakhstan Aluminium Smelter, the 100,000th Kazakhstani anode was produced, and the 1,000,000th anode was assembled.
An automatic process control system unique for Kazakhstan was implemented at the Aksu Power Plant of JSC EEC.
Tripartite memoranda with the akimat of the Pavlodar Region and trade unions were signed regarding stabilization of production processes and measures to provide jobs and safeguard employment rights.
The Pavlodar Machinery Plant, a division of JSC ERG Service, signed a contract for delivery of an overhead travelling double-girder magnet grab crane for the OJSC EVRAZ Consolidated West Siberian Metallurgical Complex.
Under the 10% Cost Reduction project, JSC Aluminium of Kazakhstan and JSC SSGPO mastered the production of casting moulds and blooms.
With financial assistance from ERG, a new motor vehicle was bought for the Karaganda regional boarding school for children with musculoskeletal disorders.
Memoranda on mutual cooperation in implementation of social projects were signed with the akimats of the Group's regions of operation for 2016.
A memorandum on mutual cooperation aimed at development of microlending in the town of Rudny was signed with the Atameken National Chamber of Entrepreneurs of the Republic Kazakhstan (NCE) and the akimat of the Kostanay Region.
At the meeting with the employees of the Pavolodar enterprises, the Head of State was presented with the first laboratory-produced anode.
A large-scale project to upgrade the drying lines at the ore processing and concentration factory of SSGPO was completed.
The company was awarded the status of a partner of the Russian Business Week International Forum, held annually by the Russian Union of Industrialists and Entrepreneurs.
Infrastructure and metals projects to be implemented in cooperation with China were presented at the meeting with the Prime Minister of China.
Elena Mukasheva, senior storekeeper of the Warehousing Area of JSC SSGPO, conducted the first symbolic transaction using the SAP system.
An overhead crane for package unit servicing in the finishing area of the cold rolling department has been successfully operating at one of the largest Russian enterprises.
At the 7th MINEX Central Asia Forum, a Memorandum of Cooperation and Understanding was signed with the Innovation Technology Park, an autonomous cluster foundation.
Memoranda of cooperation with domestic commodity producers were signed.
The company shared its occupational health and safety experience at the 6th Kazakhstani international Occupational Health and Industrial Safety Forum, KIOSH 2016.
A campaign titled Know Safety Rules as the Back of Your Hand was launched at the Group's enterprises in Kazakhstan; it covered all 61,000 employees of the company.
On the eve of the Great Victory Day, a monument to soldiers of the legendary Panfilov's division was put up at the Memorial War Cemetery in Volokolamsk.
A two-volume publication was presented in Astana under the Ardagerlerdi Ardaktailyk project sponsored by the company.
Programme Arrow was launched at JSC Aluminium of Kazakhstan and JSC Kazakhstan Aluminium Smelter.
In the divisions of JSC EEC, an external walk-through audit for compliance with the requirements of the ISO 50001, ISO 14001 and OHSAS 18001 standards and recertification audit for compliance with the ISO 9001 standard were completed.
Under the Luxembourg economic mission in China, Shukhrat Ibragimov, head of the Business Development Department, and Yun Wang, head of ERG office in China, represented the company.
The company participated in the Astana Economic Forum held in Kazakhstan, including sessions arranged in cooperation with the Boao Forum for Asia and the World Economic Forum.
Now, the village residents and miners of KBRU of JSC Aluminium of Kazakhstan have a new facility whose construction was sponsored by ERG.
A strategic long-term contract was signed for delivery of ore concentrate from the Frontier mine operated by China Nonferrous Metal Industry's Foreign Engineering and Construction Co., Ltd.
Traditional partner of the 7th International Congress and Exhibition Astana Mining & Metallurgy./p>
Represented by its top managers, the company became an active participant of the anniversary 20th St. Petersburg International Economic Forum.
The company donated the Kazakhstani National Economy Foundation exhibition dedicated to the 25th anniversary of the Republic's independence to the National Museum of the Republic of Kazakhstan.
The sponsorship funds were spent on the Kazakhstani Press Centre and information support for the Kazakh sportsmen participating in the Rio Olympics.
The company concluded debt refinancing agreements with VTB Bank and Sberbank until 2020 and beyond.
The miners of the Keregetas limestone mine of JSC Aluminium of Kazakhstan celebrated the 50th anniversary of establishment of the enterprise.
A strategically important agreement was concluded with VTB Group to provide a six-year, €300M financing arrangement for aluminium supplies.
Pavlodar Aluminium Smelter of JSC Aluminium of Kazakhstan began manufacturing double-sided pallets for the Aktobe Ferroalloy Plant of JSC TNC Kazchrome.
A two-storey residential house intended for 120 occupants was commissioned in the Zapadny workers' camp.
The first corporate ERG Spartakiad in the history of Aksu became a great sports holiday for the Aksu residents.
The repairs and engineering plant of JSC SSGPO started to manufacture a new product: cast pots.
The Pavlodar Machinery Plant, a division of JSC ERG Service, launched production of a new product: ladles with V=2.3m3 and two spouts.
The company acted as the title sponsor of the Republican Table Tennis Tournament initiated by the Special Olympics public association.
An agreement was signed with EDB on 4-year funding of iron ore products deliveries in the amount of $95 M.
Programme Arrow was launched at JSC Shubarkol Komir.
At the 13th Kazakhstan and Russia Interregional Cooperation Forum attended by the heads of state, a new agreement was signed with PJSC Sberbank providing for better terms of debt servicing.
The best employees representing professional occupations of eight of the company's enterprises from ten cities of Kazakhstan were chosen in the Pavlodar Region.
The company has been a traditional sponsor of the Flamingo 2016 festival initiated by the Korgalzhynskiy reserve.
At the 24th World Mining Congress, the company management presented the BAMIN Project development plan.
As part of the ongoing company transformation, a new entity was created: ERG Commercial Centre LLP; it should help improve the efficiency of procurement, marketing and implementation of investment projects in Kazakhstan.
The cage shaft and the ventilation shaft of the 10th Anniversary of Kazakhstan's Independence mine were connected with a main haulage crosscut.
JSC TNC Kazchrome became the first company in Kazakhstan to obtain permission to weigh containers and issue certificates.
Eurasian Resources Group held the first Forum of Innovators attended by over 200 employees, including the company's engineers, mechanics, IT specialists and managers.
Modern administrative buildings and amenities were commissioned at the Ayatsky mine operated by the Krasnooktyabrsk Bauxite Mining Department (a division of JSC Aluminium of Kazakhstan).
KAS was awarded the special Quality Leader prize of the Altyn Sapa Award of the President of the Republic of Kazakhstan
A new nursery school was opened in Ekibastuz with financial assistance from ERG.
The company presented an indoor hockey pitch to the residents of Aksu to commemorate the 25th anniversary of Independence of Kazakhstan.
JSC Eurasian Energy Corporation celebrated the 20th anniversary of its establishment.
Authors of the best song and the best story for a documentary series about the Man of Labour received awards in Astana at an event held jointly with the Writers' Union of Kazakhstan.
A strategic contract for the delivery of iron ore was concluded with OJSC Magnitogorsk Iron and Steel Works.
A new house for 60 people, where workers can spend their rotational leave, was commissioned in the Tsentralny workers’ camp of JSC Shubarkol Komir.
Trilateral memoranda on job preservation and stabilization of production processes were signed with local executive bodies and trade unions.
Memoranda on local content were signed with the Akimats of seven regions.
About 2,000 workers at JSC Aluminium of Kazakhstan, Kazakhstan Aluminium Smelter, JSC Eurasian Energy Corporation and the Aksu Ferroalloy Plant took part in a televised Q&A session with the President of the Republic of Kazakhstan Nursultan Nazarbayev.
The selection committee held the last meeting in Astana as part of a five-year scholarship programme implemented by the Eurasian Resources Group in cooperation with the London-based Great Ormond Street Hospital (GOSH).
The Group provided financial assistance to people affected by the flood in the Karaganda Region.
A video album created by the Nur Otan party in cooperation with the Eurasian Resources Group to commemorate Heroes of the Soviet Union from Kazakhstan was presented in Astana.
To mark the 70th anniversary of the Great Victory, members of the Maidan Zholy search team installed seven monuments to heroes of the Great Patriotic War in the Pskov Region in Russia: one monument for each decade that has passed since the Victory.
The 30-metre-long confection was presented to children from the SOS Village in Astana to mark the Universal Children's Day.
The Group continued to implement the programme to provide housing for employees of its enterprises; the relevant memoranda were signed with the Akimats of the Company’s operating regions.
30th anniversary of the start of development of the Shubarkol open-pit mine
65th anniversary of establishment of the Krasnooktyabrsk Bauxite Mining Department
30th anniversary of the start of development of the Vostocnhy open-pit mine
20th anniversary of establishment of JSC TNC Kazchrome
A bilateral memorandum of cooperation was concluded with Nazarbayev University.
Simultaneous exhibitions were given by famous Kazakhstani chess grandmasters in Khromtau, Pavlodar, Karaganda, Rudny and Astana.
A modern training centre was opened at JSC Aluminium of Kazakhstan on the eve of the Metal Worker’s Day.
ERG reached strategic agreements on restructuring of the Group’s debt with VTB Bank and Sberbank of Russia.
A new Orthodox church was opened in the village of Kachar in the Kostanay Region; construction of the church had been funded by SSGPO.
Furnace No. 27 was commissioned at the Aksu Ferroalloy Plant following major repairs.
Prize winners of a literary competition from among employees of the Group’s enterprises were chosen as part of the project titled The Land of Masters: a Single Family.
As part of the Ertys Invest 2015 forum, the Eurasian Resources Group concluded a number of important agreements to support implementation of the company’s long-term plans.
Workers at JSC Shubarkol Komir set new records for coal output in 2015.
Power engineers at JSC EEC exceeded the 2015 target for electricity output.
An observatory was opened in the M.M. Katayev Regional Schoolchildren’s Palace in Pavlodar under a Memorandum signed by the Akimat of the Pavlodar Region and ERG; the ceremony was attended by Aidyn Aimbetov, the first astronaut from the Republic of Kazakhstan.
The ALASH TARIKHYNYN AKIKATY literary competition was held with support from ERG to celebrate the 550th anniversary of the foundation of the Kazakh Khanate.
ERG's enterprises in the Pavlodar Region signed a Cooperation Agreement with the Competence Centre for Environmental Technology corporate foundation.
The system for supporting innovators at JSC Aluminium of Kazakhstan and an innovative solution developed by metal engineers at the Aksu Ferroalloy Plant won the National Innovation Competition.
On the eve of the Day of the First President of the Republic of Kazakhstan, ferroalloy output at the Aksu Ferroalloy Plant passed the 1Mt milestone.
On the eve of the Day of the First President of the Republic of Kazakhstan, power unit No. 4 was commissioned at the power plant of JSC EEC following major repairs.
ERG signed memoranda of cooperation with Kazakhstani manufacturers of goods.
SSGPO hosted the Altyn Kor professional competition among employees of all Kazakhstani enterprises of ERG; this is the first competition of this kind in the history of the Eurasian Resources Group.
The President of the Republic of Kazakhstan Nursultan Nazarbayev heated up the first furnace of the new Aktobe Ferroalloys Plant, which produced its first metal only a month later.
60th anniversary of establishment of SSGPO
50th anniversary of establishment of Aluminium of Kazakhstan
20th anniversary of establishment of the Eurasian Group
The Company provided support
for the 10th professional golf tournament,
Kazakhstan Open 2014 – European Challenge Tour.
The Aksu Ferroalloys Plant won the fifth Golden Hephaestus national industry competition in The Best Solution in Energy Conservation category.
The company supported a programme
to reintroduce Przewalski’s horse
(which became extinct half a century ago) to Kazakhstan.
The Company supported measures to preserve wetlands of the Korgalzhyn National Nature Reserve.
ENRC was transformed into ERG (The Eurasian Group).
The company once again
sponsored the Eurasian Media Forum.
TNC Kazchrome JSC was presented with the Altyn Sapa Award of the President of the Republic of Kazakhstan in The Best Innovative Project of the Year category.
Kazakhstan Aluminium Smelter smelted one million tonnes of aluminium.
SSGPO JSC won the Paryz republic-wide social responsibility contest in The Best Social Project category.
Construction of the Kacharets
Sports and Recreation Centre was completed.
The President of the Republic of Kazakhstan Nursultan Nazarbayev launched pre- commissioning of a baked anode production plant.
Shubarkol Komir JSC, the largest producer of thermal coal in Kazakhstan, became part of the Eurasian Group.
Implementation of a five-year GOSH charitable project to provide training to Kazakhstani health professionals in the United Kingdom started; the project is funded by the Eurasian Group.
The Company sponsored the Olympic weightlifting team of Kazakhstan, the pride of our country at the Olympic Games in London.
Tickets for the 7th Asian Winter Games were purchased for children from SOS Children's Villages.
Aluminium of Kazakhstan JSC reached its production capacity of 1,700,000 tonnes of alumina per year.
The Eurasian Group won the Altyn Zurek prize as the Philanthropist of the Year.
TNC Kazchrome JSC won the 1st Kazakhstan International Occupational Safety and Health Conference and Exhibition (KIOSH-2011) in The Health and Safety Project of the Year category.
Kazakhstan Aluminium Smelter is recognized as The Safest Enterprise based on the results of the Senim National Industry Competition as part of the 1st Kazakhstan International Occupational Safety and Health Conference and Exhibition (KIOSH-2011).
The President of the Republic of Kazakhstan Nursultan Nazarbayev commissioned Process Area No. 17 forming part of the manufacturing complex of SSGPO.
Renovation of the stadium
of YSC Gornyak was completed in Rudny.
A 2MW power plant using recycled coke oven gas was commissioned at Shubarkol Komir JSC. The Company sponsored the efforts of the Burabay State National Nature Park to preserve biodiversity and protect forests against fires.
Due to involvement of the President of the Republic of Kazakhstan Nursultan Nazarbayev, Kazakhstan Aluminium Smelter reached its full designed capacity.
The dragline stripping complex was put into operation at the Vostochny open-pit coal mine.
The company sponsored the construction of the building of the National Opera Theatre in Astana.
The team and the charitable foundation of the Eurasian Group provided 160,000,000 tenge to help flood victims in the village of Kyzyl-Agash.
Implementation of Batyrlar Zholymen – Along
the Heroes’ Path, an international
project of the Eurasian Group dedicated
to the heroes of the Great Patriotic War, was started.
A kindergarten was donated to Pavlodar.
Kazakhstan Aluminium Smelter won the first Golden Hephaestus industry competition in The Project of the Year category.
Donskoy GOK completed the first phase of a reservoir on the Oysylkara River.
TNC Kazchrome JSC won the first
Golden Hephaestus industry
competition in The Best Environmental
The President of the Republic of Kazakhstan Nursultan Nazarbayev launched construction of a new ferroalloy plant on the premises of the Aktobe Ferroalloys Plant.
During a republic-wide teleconference featuring the President of the Republic of Kazakhstan Nursultan Nazarbayev, the Metal Rolling Plant was commissioned at SSGPO.
The Company sponsored the 2010 Flamingo Festival at the Korgalzhyn National Nature Reserve.
The company started to optimize ferroalloy exports and to cooperate with ports in Novorossiysk (Russia), Riga (Latvia) and Lianyungang (China).
Aluminium produced by Kazakhstan Aluminium Smelter was listed on the London Metal Exchange.
The first Kazakhstan Content:
Growth through Innovation forum
of domestic commodity producers
took place on the premises of
Kazakhstan Aluminium Smelter.
The Altyn Sapa prize of the President of the Republic of Kazakhstan in The Best Industrial Company category was awarded to TNC Kazchrome JSC.
The second chrome pellet production workshop with a capacity of 700,000 tonnes per annum was commissioned at Donskoy GOK.
Construction of anode
began at Kazakhstan
A mosque built by SSGPO JSC opened its doors to believers in Rudny.
The President of the Republic of Kazakhstan
Nursultan Nazarbayev commissioned
the sixth power unit of the TPP in Rudny.
ENRC was included in FTSE 100.
A ceremony was held to mark the launch of 325 MW Power Unit No.1.
A modern rotary kiln for limestone calcination was put into operation at the Aktobe Ferroalloys Plant
The Aktobe Ferroalloys Plant won the Best Cargo Shipper of the Year republic-wide contest for exports.
TNС Kazchrome JSC won the Best Exporter of the Year republic-wide contest.
Construction of the Metal Rolling Plant of SSGPO JSC started.
The company started to optimize
ferroalloy exports and to cooperate
with ports in Novorossiysk (Russia),
Riga (Latvia) and Lianyungang (China).
ENRC was floated on the London Stock Exchange, with a market capitalisation on admission of approximately £6.8 billion. It was the largest IPO of a mining or metals company on the London Stock Exchange in 2007.
Kazakhstan Aluminium Smelter
was commissioned with an
initial capacity of 62,500 tonnes
of primary aluminium per annum.
A new modern shop for finished products and a loading area for shipping containers were introduced at the Aktobe Ferroalloys Plant.
A holding company, ENRC, was created.
Implementation of a housing programme for employees of the Eurasian Group was launched. 3,000 families bought their own homes on preferential terms.
Implementation of a full-scale project to containerize transported ferroalloys and form the company’s own fleet of containers and platforms started.
Sary-Arka SpetsKoks LLP, a plant specializing in production of special coke, which is used as a reducing agent in the ferroalloy industry of Kazakhstan, was commissioned.
The President of the Republic of Kazakhstan Nursultan Nazarbayev visited the construction site of Kazakhstan Aluminium Smelter.
1.5 million tonnes of alumina were produced at Aluminium of Kazakhstan JSC.
A fine ore processing plant, a pellet production shop and a concentration plant were commissioned at Donskoy GOK.
New world records were set at Donskoy GOK: DOF-2 produced 863,000 tonnes of lump concentrate and 4,660,000 tonnes of crushed ore.
Donskoy GOK donated a newly built mosque, an Orthodox church and the Baldauren park to Khromtau.
The first-ever memorandum on cooperation in implementation of social projects was signed with akimats of the regions where enterprises of the Eurasian Group operate: the Aktobe, Karagandy, Kostanay and Pavlodar Regions.
The Eurasian Group acquired Zhairem GOK, thus obtaining additional manganese mining assets.
Two jigging units and a crushing and screening unit for slag processing were commissioned at the Aktobe Ferroalloys Plant; this marked another decisive step towards waste-free production.
The company’s own railcar fleet was formed. A new route for transportation of ferroalloys towards the Pacific Region in transit through the Dostyk - Alashankou border crossing and Chinese ports was opened.
The Molodezhnaya Mine of Donskoy GOK set a new mining record among the world’s chrome ore mines as it produced 1,802,000 tonnes of ore.
Renovation of power unit No. 4 of the Aksu Power Plant was completed.
TNC Kazchrome JSC started development of the Vostochny Kamys manganese ore deposit.
The company’s own railcar fleet was formed.
A new route for transportation of ferroalloys
towards the Pacific Region in transit through
the Dostyk - Alashankou border crossing
and Chinese ports was opened.
Donskoy GOK was awarded the state diploma of the Republic of Kazakhstan for Achievements in Quality.
The President of the Republic of Kazakhstan Nursultan Nazarbayev visited Aluminium of Kazakhstan JSC, where he met with employees of the hydrometallurgical shop at the calcination site.
A waste heat boiler and a steam turbine with a capacity of 37 MW were commissioned at the Aktobe Ferroalloys Plant.
A phased large-scale overhaul of power units of the Aksu Power Plant started.
The President of the Republic of Kazakhstan Nursultan Nazarbayev visited Donskoy GOK.
Sports and recreation centre A brick factory was commissioned, and one of the largest sports and recreation centres in the region was commissioned in the Aktobe Region.
The Central Mine reached its full capacity; the mine was renamed the 10th Anniversary of Kazakhstan's Independence Mine.
The Ministry of State Revenue awarded the title of the Best Taxpayer of the Republic of Kazakhstan to Donskoy GOK.
A large-scale operational modernization of SSGPO started.
The Logistics Division of the Eurasian Group was established. Optimization of exports of ferroalloys and other goods was initiated.
The first start-up facilities of the Central Mine of Donskoy GOK with a capacity of 100,000 tonnes of chrome ore per annum were commissioned by the President of the Republic of Kazakhstan Nursultan Nazarbayev.
A health centre was commissioned in Khromtau.
The Aksu Ferroalloys Plant was rehabilitated after a long period of downtime; 12 furnaces were put into operation.
The President of the Republic of Kazakhstan Nursultan Nazarbayev laid a symbolic foundation stone at the smelter’s construction site.
TNC Kazchrome JSC started to develop the Tur manganese ore deposit.
The output of the Kacharsky Underground Mine of SSGPO since its commissioning reached 50 million tonnes of iron ore.
The Eurasian Group acquired SSGPO JSC and founded the iron ore division.
Eurasian Energy Corporation JSC acquired the Aksu Power Plant and the Vostochny open-pit coal mine.
The President of the Republic of Kazakhstan Nursultan Nazarbayev commissioned an operating plant for processing of ash and slag waste from the CHPP and aluminium production.
The Prime Minister of the Republic of Kazakhstan Kassym-Zhomart Tokayev launched the Akturbo Gas Turbine Power Plant.
The President of the Republic of Kazakhstan Nursultan Nazarbayev visited Donskoy GOK. An agricultural enterprise affiliated with the plant was created. A dairy factory was commissioned.
TNC Kazchrome JSC was established; it combined all ferroalloy production facilities of the Eurasian Group.
The President of the Republic of Kazakhstan Nursultan Nazarbayev visited the Pavlodar Alumina Plant and SSGPO, met with employees and became acquainted with the production process at the enterprises.
Since the launch of the Pavlodar Alumina Plant, one million tonnes of alumina were produced under new economic conditions.
The management of the Pavlodar Alumina Plant was transferred to investors who founded the Eurasian Group.