Type | Subsidiary |
---|---|
Industry | Mining |
Founded | 1961 |
Headquarters | Ternivskyi District, Kryvyi Rih, Ukraine |
Products | Iron ore |
Number of employees | 8,500 |
Parent | Metinvest |
Website | cgok.metinvestholding.com |
Central Iron Ore Enrichment Works (CGZK) specializes in processing and production of raw materials for the steel industry, merchant concentrate with an average Fe content of 65.0% to 68.2% and pellets with an average Fe content of 63.9%. It is the only mine in Ukraine, that simultaneously uses open-pit quartzite fields and underground mining. [1] [2]
Central GZK was established in 1961 in Kryvyi Rih. [2]
It mines Hleyevatskyi, Petrovskyi and Artyomovskyi open-pit quartzite fields, and from Ordzhonikidze underground mine. [1] Industrial quartzite resources are 51, 146, 159 and 106 million tons respectively.
Along with three quarries and mine, the works consist of three plants (crushing, concentrate and pellets), and one auxiliary plant, serving the main production. [3] [4]
The company employs nearly 8,500 people. [1]
Central GZK is included in the Iron Ore Division of Metinvest Holding LLC, which is a component of the System Capital Management group of companies.
As of 2011 annual production stood at 14.2 Mtons of raw ore, more than 5.9 Mtons of iron ore concentrate, and over 2.2 Mtonnes of pellets.
In 2023, the Central Iron Ore Enrichment Works deservedly entered the Top 200 companies by income for 2022, which indicates its successful activities and significant contribution to the global economy. [5]
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the form of magnetite (Fe
3O
4, 72.4% Fe), hematite (Fe
2O
3, 69.9% Fe), goethite (FeO(OH), 62.9% Fe), limonite (FeO(OH)·n(H2O), 55% Fe) or siderite (FeCO3, 48.2% Fe).
Ilmenite is a titanium-iron oxide mineral with the idealized formula FeTiO
3. It is a weakly magnetic black or steel-gray solid. Ilmenite is the most important ore of titanium and the main source of titanium dioxide, which is used in paints, printing inks, fabrics, plastics, paper, sunscreen, food and cosmetics.
Taconite is a variety of banded iron formation, an iron-bearing sedimentary rock, in which the iron minerals are interlayered with quartz, chert, or carbonate. The name "taconyte" was coined by Horace Vaughn Winchell (1865–1923) – son of Newton Horace Winchell, the Minnesota State Geologist – during their pioneering investigations of the Precambrian Biwabik Iron Formation of northeastern Minnesota. He believed the sedimentary rock sequence hosting the iron-formation was correlative with the Taconic orogeny of New England, and referred to the unfamiliar and as-yet-unnamed iron-bearing rock as the 'taconic rock' or taconyte.
Iron Ore Company of Canada is a Canadian-based producer of iron ore. The company was founded in 1949 by a partnership of Canadian and American firms. It is now owned by a new consortium, including the Mitsubishi and Rio Tinto corporations. Rio Tinto is the majority shareholder in the venture, with 58.7% of the joint stock as of October 2013. Mitsubishi controlled 26.2% of the investment as of March 2013.
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Québec Cartier Mining Company was one of the leading producers of iron ore products in North America, now part of ArcelorMittal.
Ferrexpo plc is a Swiss-based commodity trading and mining company which is the third largest exporter of iron ore pellets in the world. Ferrexpo's operating base is in central Ukraine, where it operates three iron-ore mines and an iron ore pellet production facility. The company's trading office is located in London where it is listed on the London Stock Exchange and it is a constituent of the FTSE 250 Index and FTSE4Good Index.
Metal production, in particular iron and steel industry, is the dominant heavy industry in Ukraine. Ukraine is the world's eighth largest producer and third largest exporter of iron and steel (2007). Ukrainian iron and steel industry accounts for around 2% of worldwide crude steel output, 5% to 6% of the national gross domestic product and 34% of Ukrainian export revenue. In 2007 it employed 420,000 people – 10% of industrial labor and 2% of the total workforce. It has the highest, by a wide margin, revealed comparative advantage of all branches of the Ukrainian economy. The industry peaked at 42.8 million tonnes in 2007 but has been gravely affected by the financial crisis of 2007–2010 and declined to 29.8 million tonnes in 2009.
Mauritania's mineral sector was dominated by iron ore mining and beneficiation. Other mineral commodities produced in the country included cement, copper, gold, gypsum, petroleum, salt, and steel. The Ministère des Mines et de l’Industrie was the Government agency responsible for enacting the Mining Code and for the coordination of all activities in the mining sector. The Direction des Mines et de la Géologie was the entity responsible for promoting the mineral sector and for providing geologic and mining information to potential investors; the Direction des Hydrocarbures was in charge of the development of the petroleum sector; and the Office Mauritanien des Recherches Géologiques was the Government entity responsible for evaluating areas of mineral potential for exploration. Société Nationale Industrielle et Minière (SNIM) was responsible for iron ore production and benefciation.
VAT "Krasnodonvugillya" is a coal-mining company located in the northern part of the Donetsk coal basin within Krasnodon district of Luhansk Oblast, Ukraine.
Inhulets Iron Ore dressing Works (InGZK) (Russian: InGOK) is a mining and processing plant which produces metallurgical products. The company is based in the Inhulets exclave neighborhood of Inhuletskyi District, Kryvy Rih, Ukraine. Inhulets GZK sources iron ore from the deposits of ferruginous quartzite at the Inhulets deposit.
Northern Iron Ore Beneficiation Works (PivnGZK) was built and launched in Kryvyi Rih in 1963 and is one of several iron ore dressing complexes around Kryvyi Rih. Along with Ingulets Iron Ore dressing Works and Central Iron Ore Enrichment Works, it belongs to Ukrainian holding company Metinvest.
Komsomolskoye mining company was founded in 1995 in Komsomolske, Donetsk Oblast. In 2011 Komsomolskoye mining company became part of the Iron Ore Division of Metinvest Group. Komsomolskoye mining company is the biggest Ukrainian supplier of limestone flux to the metallurgical and food industries. Structure of the enterprise includes three active quarries and two crushing and beneficiation factories.
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Mining in North Korea is important to the country's economy. North Korea is naturally abundant in metals such as magnesite, zinc, tungsten, and iron; with magnesite resources of 6 billion tonnes, particularly in the North and South Hamgyong Province and Chagang Province. However, often these cannot be mined due to the acute shortage of electricity in the country, as well as the lack of proper tools to mine these materials and an antiquated industrial base. Coal, iron ore, limestone, and magnesite deposits are larger than other mineral commodities. Mining joint ventures with other countries include China, Canada, Egypt, and South Korea.
Kryvyi Rih metropolitan area, or Kryvbas, is a metropolitan area in central and southern Ukraine. With a population of one million, it is one of seven largest metropolitan regions in Ukraine. It consists of a couple big industrial cities and some smaller ones, townsides and rural areas.
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