Miner ERG Replaces Sobotka as CEO With Scion of Founding Trio
- Shukhrat Ibragimov will take over running the mining company
- Kazakhstan-backed group is major producer of cobalt and chrome
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Kazakhstan-backed Eurasian Resources Group, one of the world’s largest producers of cobalt and chrome, is replacing long-time chief executive officer Benedikt Sobotka with Shukhrat Ibragimov.
The move is the latest step in a generational transition at the company, as senior roles pass to a new generation of the families of the trio of oligarchs who founded the group and oversaw its London listing as Eurasian Natural Resources Corp. two decades ago.