Olcon is the most northern iron ore complex in Russia ... - Severstal
Olcon is the most northern iron ore complex in Russia ... - Severstal
Olcon is the most northern iron ore complex in Russia ... - Severstal
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<strong>Olcon</strong><br />
<strong>Olcon</strong> <strong>is</strong> <strong>the</strong> <strong>most</strong> nor<strong>the</strong>rn <strong>iron</strong> <strong>ore</strong> <strong>complex</strong> <strong>in</strong> <strong>Russia</strong>. <strong>Olcon</strong> <strong>is</strong> <strong>the</strong> long-term supplier<br />
of Cherepovets Steel Mill s<strong>in</strong>ce 1950s.<br />
General <strong>in</strong>formation<br />
Location:<br />
Olenegorsk, Murmansk region, North-West <strong>Russia</strong><br />
Establ<strong>is</strong>hed:<br />
1949<br />
Acquired:<br />
In 2001 <strong>Severstal</strong> acquired a control<strong>in</strong>g stake <strong>in</strong> OAO <strong>Olcon</strong>. By 2008 <strong>Olcon</strong> became a fully owned subsidiary of<br />
<strong>Severstal</strong>.<br />
Ownership:<br />
<strong>Severstal</strong> holds 100% of <strong>Olcon</strong> share capital<br />
Facilities<br />
Reserves<br />
Reserves and resources 381 million metric tonnes (2008, JORC)<br />
Sites<br />
• Olenegorsk m<strong>in</strong>e<br />
• Kirovogorsky m<strong>in</strong>e<br />
• Prof. Bauman m<strong>in</strong>e<br />
• 15th Anniversary of October m<strong>in</strong>e<br />
• Komsomolsky m<strong>in</strong>e<br />
• Olenegorsk Underground m<strong>in</strong>e<br />
Results<br />
Indicative annual output<br />
• Total <strong>iron</strong> <strong>ore</strong> concentrate shipments – 4.8 million tonnes (2012)<br />
Products<br />
<strong>Olcon</strong> produces<br />
• Iron Ore Concentrate<br />
• Crushed Stones<br />
• Ferrite Strontium Powder
Who buys products<br />
The ma<strong>in</strong> consumer of <strong>Olcon</strong> <strong>iron</strong> <strong>ore</strong> concentrate <strong>is</strong> <strong>Severstal</strong> <strong>Russia</strong>n Steel (Cherepovets, <strong>Russia</strong>).<br />
Us<strong>in</strong>g of products<br />
Iron <strong>ore</strong> concentrate <strong>is</strong> used for pelletiz<strong>in</strong>g process for production of agglomerate or pellets – <strong>the</strong> ma<strong>in</strong> raw material<br />
for crude steel production.<br />
Address<br />
2 Len<strong>in</strong>gradsky prospekt,<br />
184530, Olenegorsk, Murmansk Region, <strong>Russia</strong><br />
Phone: +7 (81552) 5-55-00, 5-51-55<br />
Fax: +7 (81552) 5-82-52<br />
URL: http://www.severstal.com/eng/bus<strong>in</strong>esses/resources/<strong>iron</strong>_<strong>ore</strong>_m<strong>in</strong><strong>in</strong>g/olcon/<strong>in</strong>dex.phtml<br />
Updated 04.06.2008
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