Olkon, a part of Severstal, intends to invest 3.2 billion rubles in development this year, up 3-fold YoY. The investment program includes 130 projects. “This year we will continue improving the quality of the concentrate, as this is our competitive advantage”, the company executive director Denis Golubichniy said. In June Olkon will out into operation…
In 2018 Olkon increased iron ore concentrate output by 3% YoY, to 4.238 million tons. The annual target was exceeded by 77 thousand tons. The average contents of the iron in ore were 67.67%. Rock transportation grew by 2%, to 19.14 million tons, and ore output – by 7%, to 14.85 million tons. (Ukrainian metal)
Olkon, a part of Severstal, has finished the drying season, which has lasted for half a year. The drying complex has been operating in a stable mode. In the 2017-2018 season the technological and qualitative indexes of the iron ore concentrate corresponded to the standards, including by moisture content. The average capacity of the drying…
The investment program of Olenegorsk Mining and Processing Works for 2018 will exceed 1 billion rubles, on the level of 3 previous years. According to the company statement, some 290 million rubles will be used to buy two new dump trucks and the front-end loader for the mining division. 114 million rubles will be spent…
In 2017 the mining group of Olkon was able to meet its ore-mining target. “We were able to decrease the lag from the first half of the year on rock transportation from 600 thousand cubic meters to 200 thousand. Safety target was not reached. We will work on it this year”, the company director Alexander…
In 2017 Olenegorsk Mining and Processing Works reached the record level of iron ore concentrate quality. Last year Fe contents were 67.2%. In 2016 Fe contents were 66.4%, and in 2015 – 65.8%. The growth is the result of large-scale modernization of machinery at Olkon crushing factory. “In 2017 Olenegorsk GOK not only provided the…
The Olenegorsky Mining and Processing Works has started assembling machinery of the crushing and sorting complex to produce crushed stone. Commissioning is planned for October. The specialists will have to assemble 3 crushers and 16 conveyors of 15-18 meters depending on the crushing fraction. There will also be a laboratory. “The Metso crushing and sorting…
Olenegorsk Mining and Processing Works has purchased 4 new Caterpillar 136-ton dump trucks. “The investment project valued at over 400 million rubles will allow the company to reach its business plan of 18.8 million cubic meters of rock. Taking into account new machines, by the end of the year we will have 30 dump trucks…