Major Shareholding Change at ERG Draws Market Attention to Copper and Cobalt Assets

Published: May 25, 2026 10:42

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Eurasian Resources Group (ERG) announced that Nature Energy Solutions has acquired a 39.3% stake in the company through purchases from co-founder Patokh Chodiev and the heirs of Alexander Machkevitch. ERG is a major producer of copper, cobalt, ferroalloys, iron ore, and aluminum, with significant mining assets in Kazakhstan and the Democratic Republic of Congo (DRC). Market attention remains focused on the company’s shareholder restructuring and its strategic exposure to global copper and cobalt supply chains.

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