Company history

ERG participated in the World Economic Forum in Davos and the Future Minerals Forum in Riyadh.

A new 100-seat school, funded by ERG, was commissioned in the village of Sychyovka, Pavlodar District, Pavlodar Region.

ERG completed its first reporting under the cross-border carbon tax framework.

The thermal power plant of Kachary Ruda JSC transitioned from coal to natural gas.

ERG allocated 400 million KZT to support flood recovery efforts and assist affected communities.

ERG signed a cobalt supply agreement with Electra.

ERG participated in the European New Energy Vehicle (NEV) Supply Chain Conference.

ERG took part in the UN Department of Economic and Social Affairs Expert Group Meeting on Critical Minerals.

Employees of Aksu Ferroalloys Plant received keys to their new apartments as part of ERG’s corporate housing program.

ERG held Kazakhstan’s first industrial case championship for solving real business challenges.

The Aktobe Ferroalloys Plant released 46,000 carp fingerlings into the Ilek River.

ERG’s Corporate University won the Gold Award at the 2024 EFMD Excellence in Practice Awards in the “Professional Development” category.

A jubilee metal melting was held at the Repair and Mechanical Rolling Plant, a branch of ERG Service LLP.

ERG signed new offtake contracts with domestic manufacturers worth over 20 billion KZT.

ERG announced changes to its Board of Directors: Mr. Shukhrat Ibragimov was elected Chairman; Mr. Sabir Chodiev and Mr. Eduard Surlevich replaced Dr. Patokh Chodiev and Dr. Alexander Mashkevich, respectively.

ERG signed memoranda with leading Japanese companies during the “Central Asia + Japan” Business Forum—HITACHI Construction Machinery and its official Central Asian dealer Eurasian Machinery LLP—as well as an agreement with Mitsui & Co.

Smelting Shop No. 4 of the Aktobe Ferroalloys Plant celebrated its 10th anniversary.

Residents of Uil and Akkemer villages affected by flooding received keys to new homes financed by ERG’s founding shareholders—over 40 billion KZT was allocated.

ERG announced a leadership change: Shukhrat Ibragimov was appointed CEO of the Group, succeeding Benedikt Sobotka.

ERG signed a contract with Epiroc, a major global mining equipment manufacturer, worth over EUR 32.4 million for underground mining equipment supply.

New all-season vehicles were purchased for Khromtau as part of the annual memorandum between the Aktobe Region Akimat and ERG.

The team of the Vostochny open-pit mine of EEC JSC set a new record in overburden removal.

A front-end loader worth over USD 1 million was purchased for Donskoy GOK of TNC Kazchrome JSC.

Nearly 60 urban families of Aktobe Ferroalloys Plant employees celebrated housewarmings thanks to a tripartite memorandum between the Aktobe Region Akimat, ERG, and Otbasy Bank.

ERG’s Corporate University became the first Kazakhstani winner of the international EFMD Excellence in Practice Awards 2024.

The capital overhaul of Processing Section No. 13 of the Ore Preparation and Beneficiation Plant (OPBP) of SSGPO JSC was completed.

ERG announced the signing of a pre-export finance agreement for copper supply from Metalkol with the London branch of Bank of China Limited and Glencore International AG (“Glencore”).

For the first time in Khromtau, a City Forum “Tugan Qala” was held, developed by residents with the support of ERG.

The 5th World Nomad Games were held in Kazakhstan at the renovated Qazanat Hippodrome. The large-scale renovation project worth over 17 billion KZT was supported by ERG.

A new waste processing facility is under construction at the Aksu Ferroalloys Plant of TNC Kazchrome JSC.

ERG hosted Kazakhstan’s first aluminum industry hackathon.

ERG allocated funding for the purchase of state-of-the-art X-ray equipment for the city of Aksu.

Miners of Shubarkol Komir JSC set a record by dispatching 472 railcars of coal in a single shift.

ERG donated new equipment to the burn treatment unit of Multidisciplinary Hospital No. 1 in Astana.

ERG funded the purchase of a new dermatome—specialized surgical equipment for skin grafts used in burn treatment.

ERG donated new medical equipment to hospitals in Pavlodar.

ERG won the 2024 SAP Quality Awards for its SAP Payroll project.

The Aktobe Ferroalloys Plant completed construction of the third drying line in its fourth smelting shop.

ERG signed long-term subcontract agreements worth over 2 billion KZT through the subcontracting exchange.

ERG signed a memorandum of cooperation with QazIndustry and other major companies in the mining and metallurgical sector to establish a Mining and Metallurgical Engineering Center.

ERG launched SalesMarket.kz, Kazakhstan’s first modern multi-category trading platform for surplus goods.

ERG, China’s Huadian, and Kazakhstan’s Argestus signed an agreement on potential cooperation to construct a 200 MW wind power plant in the Ekibastuz area.

President Qasym-Jomart Tokayev visited the new “Bolashak” chrome ore mine in Khromtau.

ERG celebrated 30 years of operations in Kazakhstan.

The first two wind turbines of the “Khromtau” Wind Power Plant being built by ERG—each with a capacity of 6.25 MW—were connected to the grid in Aktobe Region.

ERG and Eurasian Machinery signed a memorandum of strategic cooperation.

A Center for Early Intervention and Rehabilitation was officially opened in Pavlodar with the support of ERG.