Russia: Olkon to get new crushing complex

This year Olkon will get a new crushing complex. A site is being prepared for it at the entrance to Olenegorsk quarry. “The 130-million project will help Olkon produce the high quality breakstone for its own use and to sell”, Olkon executive director Alexei Borisov said. The capacity of the crushing machine is 60 thousand…

Russia: Olkon 2016 results

In 2016 Olenegorsk Mining and Processing Works, a part of Severstal produced 4.1 million tons of concentrate and shipped it to the Cherepovets Iron and Steel Works. “For the first time in our history we were able to considerably improve the quality of our products. In particular we have increased the Fe contents in the…

Russia: Olkon decreasing environment impact

Olenegorsk Mining and Processing Works, a part of Severstal, intends to spend 60 million rubles in 2017 on environment measures, up almost 2-fold YoY. “Our priority is to decrease the impact on air and water. Most of the money will be spent on those projects”, the acting CEO Alexei Scherbakov said. The largest environment project…

Russia: Olkon completes crushing shop modernization

Olenegorsky Mining and Processing Works, a part of Severstal, has finished modernizing its crushing shop. The company has replaced 3 pieces of machinery. The supplier of the new equipment was Metso. “The 80-million rubles project will increase the efficiency of the machinery operation by 20%”, the company said in its statement. The project on crushing…

Russia: Olkon to increase output in 2017

Olkon (Olenegorsk Mining and Processing Works, a part of Severstal) plans to invest 250 million rubles in 2016 into the modernization of its mining machinery. In particular, the company wants to upgrade two of its dump trucks and two bulldozers. The business development projects will result in the output increase. Olkon plans to increase mining…