Eurasian Resources Group Reports $6.2 Billion Revenue and $2.1 Billion EBITDA for 2025
Eurasian Resources Group (ERG) forecasts a 2025 EBITDA of $2.1 billion, up from $1.87 billion in 2024, amid a revenue decline of 2.5% to $6.2 billion. The mining company's performance reflects ongoing cost discipline and operational efficiency improvements.
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Eurasian Resources Group (ERG) expects an EBITDA of $2.1 billion in 2025, an increase from $1.87 billion in 2024. The company's revenue stands at $6.2 billion, a decrease of 2.5%. The net adjusted income is projected at $450 million, up from $270 million in 2024.
Cost reductions are noted in various activities, particularly an 8% decline in ferrochrome production costs and up to 15% for copper concentrate. ERG cites significant savings of around $260 million. Operations in Kazakhstan contribute $1.6 billion, while Africa accounts for over $500 million or 24% of EBITDA. Supply chain constraints and cobalt export bans in the Democratic Republic of Congo have impacted the mining sector.
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