ASTANA — Eurasian Resources Group (ERG) has announced a record investment of over $1 billion in the country for 2026, the largest in the group’s history, according to ERG’s press release on Jan. 26. ERG plans to focus on high-value-added products not currently manufactured in Kazakhstan, including gallium and hot briquetted iron (HBI). The specific investment projects for 2026 include the development of the HBI plant (two million tons per annum target capacity) and iron ore pellet plant. These achievements are driven by systematic improvements in operational efficiency, strict cost management, and the positive contributions of major business development projects. The ERG continues to implement its new development strategy, approved in late 2024, which encompasses several large-scale investment projects.