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Ingulets Iron Ore dressing Works

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Ingulets Iron Ore Enrichment Works
Company typeSubsidiary
IndustryMining
Founded1965
HeadquartersKryvyi Rih, Ukraine
ProductsIron ore
ParentMetinvest
Websiteingok.metinvestholding.com

Ingulets Iron Ore Enrichment Works (Ingulets GOK) is a mining and processing plant which produces metallurgical products. The company is based in Kryvy Rih, Ukraine.[1] Ingulets GOK sources iron ore from the deposits of ferruginous (iron oxide-containing) quartzite at the Ingulets deposit.[2]

History

  • 1965 is considered the year of establishment of GOK, when the first merchant iron ore concentrate was produced.
  • 1978 the peak output was recorded in GOK over its history, 14 587 Ktonnes of concentrate produced
  • 2001 - the billionth tonne of concentrate produced
  • 2007 - Ingulets GOK was acquired by Metinvest[3]

Production

GOK currently mines iron ore from its one open-pit quartzite field through a process of drilling and blasting, and by the removal of overburden to external dumps. The iron ore is then transported by rail to, and refined at, Ingulets GOK’s beneficiation and flotation facilities.[4] The Company's product range includes granite overburden goods, expanded plastic goods and community services.[5]
In 2009, Ingulets GOK’s output was 11.3 million tonnes of merchant iron ore concentrate.[6]

Infrastructure

GOK's infrastructure includes 17 structural units (workshops), among them 7 principal ones.[7]

Exports

Ingulets GOK exports its products to Austria, Bulgaria, Romania, Slovakia, Czech Republic, Hungary, Poland and the countries of the Commonwealth of Independent States.[8]

References

  1. ^ http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=37385095
  2. ^ http://www.metinvestholding.com/en/activity/raw_iron
  3. ^ http://www.metinvestholding.com/en/activity/raw_iron
  4. ^ http://www.metinvestholding.com/en/activity /raw_iron
  5. ^ http://www.alacrastore.com/company-snapshot/Inguletsky_GOK-3780847
  6. ^ http://www.frontiersinsight.com/company_page.php?company=4686
  7. ^ http://ingok.metinvestholding.com/ru/about/structure
  8. ^ http://www.alacrastore.com/company-snapshot/Inguletsky_GOK-3780847
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