BELAZ and Eurasian Resources Group: long-term cooperation.

June 28, 2017

In the beginning of June there was a visit of Eurasian Resources Group (ERG) (Republic of Kazakhstan) headed by General Director Ilmira Masgutova and Deputy General Director Rustam Ibragimov to OJSC “BELAZ – Management Company of Holding “BELAZ-HOLDING".
At the meeting of Top-Managers of the companies there were discussed the issues of the mutual cooperation for the long-term period – up to 2025: ERG is planning to procure more than 180 units of BELAZ mining vehicles. The arrangements for signing the agreement about the strategic partnership for the long-term perspective were achieved. Summarizing the results of the negotiations being held, there was signed the contract for the delivery of 3 units of BELAZ-75307 and 14 units of BELAZ-75131 mining dump trucks within this year. As late as June within the framework of the contract at the premises of OJSC “BELAZ will be manufactured and dispatched 6 units of BELAZ-75131 and BELAZ-75307 mining dump trucks.
Also in the course of meeting there was discussed a possibility of buying by ERG the mining dump trucks with payload capacity of 90 MT in the near-term prospect.

BELAZ-7513, loading process (Sokolovsko-Sarbaisky Mining Complex)

Nowadays more than one thousand of mining and special-purpose BELAZ equipment is being operated in the Republic of Kazakhstan. At the premises of Eurasian Resources Group  236 BELAZ trucks operate, which makes up almost 23% of BELAZ trucks population in Kazakhstan. 

BELAZ-7530 at JSC "Shubarkol Komir"
For reference. Eurasian Resources Group (ERG) is one of the leading companies in the world for mining and processing of the mineral resources with integrated, mining, processing, energy and logistic enterprises. The business assets of ERG as well as projects for deposits development cover four continents. The assets in the Republic of Kazakhstan were always of high priority for the company. Currently, ERG makes up more than 4% of GDP in the country and about one third of its metallurgic and mining industry. JSC “TNK “Kazkhrom, JSC “SSGPO, JSC “Aluminium Kazakhstan", JSC “Kazakhstan elektrolisni zavod", JSC “Shubarkol Komir and Transport Group “TransKom are the main assets of Group in the Republic.

List of News for  2017