TNK Kazchrome

Name

TNK Kazchrome

Legal name

JSC TNC Kazchrome (АО «ТНК «Казхром»)

Website

https://kazchrome.com

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

TNK Kazchrome is a Kazakhstan-based, ERG-owned integrated mining and metallurgical company and the world's largest high-carbon ferrochrome producer, supplying ferroalloys, chrome ore and manganese concentrate to stainless steel producers across Asia, Europe and North America.

Ownership category

akta.pro rank

Product category

Ferroalloys and Chrome Ore

NAICS

Iron and Steel Mills and Ferroalloy Manufacturing (3311), Other Metal Ore Mining (212290)

SIC

Metal Mining (1000), Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Manganese Ore Mining & Concentrates (IMAKAFAF)

Keywords

• Chrome ore mining
• Ferrochrome production
• Ferroalloy manufacturing
• Stainless steel inputs
• Manganese concentrate

Headquarters

HQ city

Aktobe

HQ country

Kazakhstan

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D

Revenue model

1. Ferroalloy Sales: Primary revenue stream from production and sale of high, medium and low carbon ferrochrome, ferrosilicochrome, ferrosilicomanganese, and ferrosilicon. Products are sold globally to stainless steel and refined alloys producers.
2. Chrome and Manganese Ore/Concentrate Sales: Sale of chrome ore and manganese concentrate to ferroalloy producers and directly to the chemical industry.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

TNK Kazchrome is a vertically integrated mining and metallurgical company that mines chrome and manganese ore, processes it into concentrates, and smelts ferroalloys (high, medium, and low carbon ferrochrome, ferrosilicochrome, ferrosilicomanganese, and ferrosilicon). It sells these ferroalloy products and ore concentrates primarily to global stainless steel and refined alloy producers via direct B2B contracts.

Product overview

TNK Kazchrome is a fully integrated mining and metals company covering all stages of the value chain from geological exploration, mining, and mineral processing to ferroalloy production. The company operates four main divisions: Donskoy Mining and Processing Plant (chromite ore mining and processing), Aktobe Ferroalloys Plant (ferrochrome and ferrosilicon production), Aksu Ferroalloys Plant (ferrochrome, ferrosilicochrome, ferrosilicomanganese, and ferrosilicon), and Kazmarganets Mining Enterprise (manganese concentrate). The product portfolio includes High Carbon Ferrochrome, Refined Alloys (medium/low carbon), Ferrosilicochrome, Ferrosilicomanganese, and Ferrosilicon. The company is the world's largest high-carbon ferrochrome producer on a chrome content basis.

Differentiator

Problem solved

Functional benefit

Brands

• ERG Green: Slime processing plant at Donskoy GOK that processes accumulated waste using gravity-based Beneficiation method, one of four projects in the large-scale program for processing historical tailings.
• Zhasyl Kazchrome
• Dobrolapy
• Tugan Qala

Products and services

• High Carbon Ferrochrome (HC FeCr) High-carbon ferrochrome is the company's primary end product used as a key input in stainless steel production for construction, transportation, mechanical engineering, industrial pipelines, and consumer goods sectors.
• Refined Alloys (Medium/Low Carbon Ferrochrome, MC/LC FeCr)

Quantifiable outcome

• Environmental footprint reduced by 30% after new gas cleaning systems at Aktobe Ferroalloy Plant
• +4 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators10 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Tharisa plc: South African integrated chrome and PGM producer mining platinum group metals and chrome concentrates; comparable in mining and processing of chrome ores for metallurgical markets.
• Hernic Ferrochrome: South African producer of charge chrome and ferrochrome; one of the largest ferrochrome producers globally and a direct competitor in chrome alloy supply for stainless steel markets.
• Yilmaden Holding: Turkish ferrochrome and chrome ore producer operating integrated mining and smelting; comparable in vertically integrated chrome-to-ferrochrome operations and global export markets.
• Glencore-Merafe: Joint venture between Glencore and Merafe producing ferrochrome in South Africa; one of the largest integrated ferrochrome producers globally and the most direct competitor to Kazchrome in stainless steel ferrochrome supply.
• Samancor Chrome: South African chrome mining and smelting operation; one of the largest integrated chrome producers globally and a direct competitor in ferrochrome supply for stainless steel producers.

Broad incumbents

• Eurasian Resources Group (ERG): Parent conglomerate and diversified global mining and metals group with operations across multiple continents; broader portfolio including copper, cobalt, bauxite/alumina beyond Kazchrome's ferrochrome focus.
• OM Holdings: Integrated manganese ore mining and ferrosilicon/ferroalloy producer operating in Australia, Malaysia, and South Africa; comparable in manganese mining and downstream ferroalloy production.
• Eramet: French mining and metallurgical group producing manganese alloys, nickel, and mineral sands; comparable in manganese ore/ferroalloy production (parallel to Kazmarganets) and broader alloy portfolio.
• South32: Diversified mining company producing manganese ore, alloys, and other base metals; comparable in manganese ore mining (parallel to Kazmarganets) and downstream ferroalloy production for steel markets.

Others

• POSCO Holdings: Korean steelmaker and major stainless steel producer; key customer for ferrochrome and a strategic counterpart in the global stainless steel supply chain that drives Kazchrome's demand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/kazchrome_official
• Facebookfacebook.com/kazchrome

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TNK Kazchrome