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Cobalt supply increasingly unable to keep pace with demand: ERG CEO.

Benedikt Sobotka (CEO of ERG) was interviewed by CNBC Africa on COVID-19’s impact on business, as well as how demand for battery metals has fared during global lockdowns. “We have seen the impact of the pandemic probably earlier than other companies or other sectors, as China is such an important market for us. I would…

“Given the challenges which all businesses and organisations are currently facing, an exceptional and disciplined effort is required. In order to ensure the health and safety of our employees, contractors, as well as families and communities, we continue to take rapid and appropriate precautionary action as necessary. Owing to our focused approach, we are in…

Representatives from Eurasian Resources Group attended this year’s Investing in African Mining Indaba which took place from 3 to 6 February in Cape Town. In attendance from ERG Africa were Karim Zhanassov (CEO), Paul Harvey (Technical Director), Ruslan Sevostianov (Technical Director – Exploration and Mining), Yevgeniy Kushnir (Chief Commercial Officer) and Wezi Banda (Head of…

At the 2020 World Economic Forum (WEF), Benedikt Sobotka (ERG’s CEO) participated in the Reuters-led Global Markets Forum hosted by Chinese CCTV+ Video News Agency. He shared ERG’s vision on market trends and told Reuters that an easing in the US-China trade dispute could push copper prices to high $6000s. He believes that the copper…

Officially announced at the World Economic Forum 2020, ERG together with 42 international organisations endorsed ten guiding principles to fostering the creation of a sustainable global battery value chain. The ten principles are an important first step in realising the Global Battery Alliance’s 2030 vision. According to a recent study, batteries can reduce transport and…

Publication: Mining Weekly Date: 6 December 2019 Author: Mamaili Mamaila STRENGTH TO STRENGTH Eurasian Resources Group foresees persistent strong growth, underpinned by global population increases, urbanisation and rising living standards. The Central African Copperbelt offers some of the most attractive deposits worldwide, says diversified resources producer Eurasian Resources Group (ERG) CEO Benedikt Sobotka, adding that…

Publication: Mining Weekly Date: 6 December 2019 Author: Mamaili Mamaila Diversified natural resources producer Eurasian Resources Group’s (ERG’s) copper and cobalt activities are located in the Democratic Republic of Congo (DRC) and Zambia, with ERG CEO Benedikt Sobotka noting that Metalkol RTR and Frontier Mine are the company’s operational and copper-producing assets. Metalkol RTR is…

Fluorspar, identified as a strategic and critical mineral by the European Union, USA and China has recently gained international attention due to its increasing importance and uses across all industries. Our Zeerust fluorspar project, being the single largest deposit in the world with ancient stromatolitic dolomites, has grabbed the attention of professors and students from…

Chambishi Metals provides ongoing financial aid to the St Nicholas School, located in Chambishi township in the Democratic Republic of the Congo. The company makes regular contributions to teacher salaries, infrastructure and maintenance, and the cost of providing daily meals for learners. Chambishi Metals played a significant role in building the primary school facilities, and…