Eurasian Assets Group (ERG), the worldwide metals and mining firm, with its origins and plenty of of its main operations in Kazakhstan, has invested over US$44 million in an revolutionary chrome ore beneficiation venture at Donskoy Mining and Processing Plant, a part of ERG’s Kazchrome.
The brand new flotation unit on the ERG Inexperienced plant extracts chrome from tailings. The power converts decades-old industrial waste into useful uncooked materials whereas decreasing environmental impression.
ERG says the venture represents the world’s first direct flotation of chrome from tailings, including: “Such expertise is often used for non-ferrous and treasured metals, however for the chrome business it’s unprecedented. It was developed and patented by ERG’s Scientific and Engineering Analysis Middle, making it attainable to get better chrome from ultrafine particles that have been beforehand unsuitable for beneficiation.”
ERG yearly allocates about one % of all contract-related investments to scientific analysis. The flotation unit marks a sensible software of ERG’s new mining imaginative and prescient launched underneath CEO and Chairman of the Board Shukhrat Ibragimov since his appointment in October 2024.
That imaginative and prescient focuses on cleaner and ESG-aligned industrial practices. The brand new venture strengthens ERG’s capacity to show waste into worth.
“I’ve been following the event of this innovation for the business from the very starting and I’m very glad right now to witness an actual scientific and technical breakthrough, made attainable because of the expertise and professionalism of the individuals working in our firm, because of the revolutionary company tradition we’ve created,” mentioned ERG’s Chairman of the Board and Chief Government Officer Shukhrat Ibragimov.
In 2023, ERG launched the primary stage of the ERG Inexperienced program at Donskoy with a singular plant that processes tailings by gravity strategies. That facility produces industrial focus with chrome content material of a minimum of 48.5%. Even after this course of, tailings nonetheless contained useful chrome product. The brand new flotation unit was designed to get better this ultrafine fraction.
Inside the ERG Inexperienced program, the corporate targets processing of about 14.5 Mt of traditionally accrued tailings. Whole funding in ERG Inexperienced is round US$202 million.
