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ERG Hot Briquetted Iron (HBI) Plant in Kostanay Region

Project Name: Hot Briquetted Iron (HBI) Production Plant in Kostanay Region

Project Description:The project entails the construction of a state-of-the-art facility designed to produce 2 million tonnes of hot briquetted iron (HBI) annually. HBI is a premium form of direct reduced iron that offers advantages in transportation and storage due to its high density and reduced risk of oxidation.

Current Status:As of December 2024, the project is in the development phase, with plans to commence construction in 2026 and achieve full operational capacity by 2028.


Start Date:Planned for 2026

End Date:Expected by 2028

Investment Volume: Approximately $1 billion

Location: Rudny, Kostanay Region, Kazakhstan

Investor / Customer:Eurasian Resources Group (ERG) in collaboration with Baowu Resources, a subsidiary of China Baowu Steel Group gmk.center


Eurasian Resources Group (ERG):

Address: Eurasian Resources Group S.à r.l.170, Avenue de la FaïencerieL-1511 Luxembourg

Phone:+352 26 84 58 1

Sokolov-Sarbai Mining and Processing Production Association (SSGPO), JSC:

Address: Industrial Zone, Rudny, Kostanay Region, Kazakhstan

Phone:+7 (71431) 3-33-33


Key People and Contact Details

Eurasian Resources Group (ERG):

Name: Benedikt Sobotka (CEO)

Phone:+352 26 84 58 1


Sokolov-Sarbai Mining and Processing Production Association (SSGPO), JSC:

Name: Sergey Napolskih (General Director)

Phone:+7 (71431) 3-33-33

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