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Last Updated: 25 April 2026
Publication: 23 October 2025
PROJECT DESCRIPTION
Eurasian Resources Group (ERG), a global metals and mining company, has signed a strategic contract with a consortium of Primetals Technologies and Midrex Technologies, Inc. (Midrex). The agreement covers detailed engineering, supply of key process equipment, and a range of services for the construction of a hot briquetted iron (HBI) plant in Rudny, Kazakhstan. This marks the next major milestone in the partnership, following the completion of pre-engineering and basic engineering packages. The MIDREX® Flex plant will be one of the largest next-generation metallurgy facilities in Central Asia. Producing HBI with a metallization degree of at l... Read more
Involved Companies & Contacts
INVOLVED COMPANIES & CONTACTS
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KEY CONTACTS
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COMPANY 2 INFO
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Location
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Other important details
The new MIDREX Flex direct recovery unit will produce 2 million tons of hot briquetted iron (HBI) per year.
Allows Eurasian Resources Group (ERG) and Kazakhstan to enter the global HBI market
Today's contract for the construction of the plant was the result of the successful completion of the preliminary design and basic design stages.
Advanced technologies will ensure high energy efficiency, minimal environmental impact and readiness for the future use of hydrogen.
A project to create more than 1,000 jobs in Kazakhstan
“The President of the Republic of Kazakhstan stated that the country’s priority is to produce high-value-added products that are competitive in both domestic and international markets. Together with our partners, we are establishing a modern, environmentally friendly production facility – one that brings in advanced technologies, reduces the carbon footprint, creates employment opportunities, and contributes to the development of skilled human capital,” said Shukhrat Ibragimov, Chief Executive Officer and Chairman of the Board of Managers of ERG
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