May 7, 2025 News:
According to a report by Eurasian Resources Group (ERG) on April 30, ERG has signed an Engineering, Procurement, and Construction (EPC) contract with China Tianchen Engineering Corporation (TCC) to build a ferroalloy gas utilization facility in Kazakhstan. The project plans to integrate the first 80-megawatt (MW) wind power plant in Khromtau, Kazakhstan, into the No. 4 smelting workshop of the Aktobe Ferroalloy Plant, converting by-products lost to combustion into round-the-clock electricity. It is expected that the facility will divert over 600,000 m³ of natural gas annually, thereby eliminating combustion and significantly reducing emissions. ERG has allocated $92 million for the project, which is expected to be completed in 2026 and is anticipated to create new permanent job opportunities. Meanwhile, the initiative also ensures self-generated power, placing Kazchrome, a subsidiary of ERG and one of the world's largest ferroalloy producers, on a clear path to support the country's carbon neutrality goals.
