
In 2025, Eurasian Resources Group (ERG), a leading international natural resources group headquartered in Luxembourg with origins from Kazakhstan, delivered growth across its key profitability metrics, despite the mining and metals industry continuing to operate in an exceptionally challenging macroeconomic and geopolitical environment. This environment has been characterized by heightened volatility in commodity prices, ongoing supply chain constraints, and significant fluctuations in foreign exchange rates.
Based on the results for 9M2025, ERG’s EBITDA increased by approximately 7% year-on-year, while the EBITDA margin reached 33%, compared with 29% for 9M2024, exceeding the Company’s plan.
These achievements are driven by systemic improvements in operational efficiency, rigorous cost management discipline, and the positive contribution from ERG’s major business development projects. The Group continues to implement its new development strategy, approved by management in late 2024, which encompasses a number of new and large-scale investment projects.





