Credit: ERG
On Tuesday 27 January 2026, Luxembourg-headquartered mining company Eurasian Resources Group (ERG) reported that in 2025 it delivered growth across its key profitability metrics, despite a challenging macroeconomic and geopolitical environment.
ERG reported that based on the results for the first nine months of 2025, ERG’s EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) increased by approximately 7% year-on-year, while the EBITDA margin reached 33%, compared with 29% for the first nine months of 2024, exceeding the company’s plan.
ERG said: “This environment has been characterised by heightened volatility in commodity prices, ongoing supply chain constraints and significant fluctuations in foreign exchange rates.”
It added: “These achievements are driven by systemic improvements in operational efficiency, rigorous cost management discipline and the positive contribution from ERG’s major business development projects. The group continues to implement its new development strategy, approved by management in late 2024, which encompasses a number of new and large-scale investment projects.”