Eurasian Resources Group to Become Global Supplier of HBI Following Major Deal with Primetals Technologies and Midrex Technologies

Eurasian Resources Group (ERG), a global metals and mining company, has signed a strategic contract with a consortium of Primetals Technologies and Midrex Technologies, Inc. (Midrex). The agreement covers detailed engineering, supply of key process equipment, and a range of services for the construction of a hot briquetted iron (HBI) plant in Rudny, Kazakhstan. This marks the next major milestone in the partnership, following the completion of pre-engineering and basic engineering packages.