Maxim Baturin

Eurasian Resources Group

Eurasian Resources Group (ERG) is a leading diversified natural resources group headquartered in Luxembourg with integrated mining, processing, energy, logistics, and marketing operations. The Group operates in 16 countries and is a major employer in the industry with over 80,000 employees and contractors. ERG's materials help meet the needs of industries and societies across the world and contribute to the green energy transition. ERG is the world's second largest producer of cobalt and leading producer of ferrochrome. It is also a large global supplier of copper and high-grade iron ore. In Eurasia, it is one of the largest suppliers of alumina and is Kazakhstan's only producer of high-grade aluminium. In Kazakhstan, ERG represents one third of the metals and mining industry. It is also a key power supplier and a large railway operator in Central Asia. In Africa and primarily in the DRC, ERG is a long-term strategic investor. It mines and processes copper and cobalt ore and produces copper metal and cobalt hydroxide. The Group also has its own supply chain on the continent through its logistics company Sabot as well as development projects which are focused on other minerals and products in South Africa, Zimbabwe, Mozambique and Mali. In the Kingdom of Saudi Arabia, ERG is focused on adopting a technological leadership position through industry partnerships, with the Kingdom serving as a strategic base for an advanced, high-impact hub to sustainably meet mineral demand. In Brazil, ERG is developing BAMIN, an integrated iron ore mining and logistics project in the State of Bahia. ERG is a founding member of the Global Battery Alliance (GBA) dedicated to ensuring an ethical and sustainable global supply chain for the lithium-ion batteries that can power the Fourth Industrial Revolution and a low carbon economy through EVs, renewable energy technologies and smartphones. The GBA has grown to include more than 140 members.