Central Iron Ore Enrichment Works

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 Iron Ore Enrichment Works
Company typeSubsidiary
IndustryMining
Founded1961; 63 years ago (1961)
Headquarters Ternivskyi District,
Kryvyi Rih, Ukraine
ProductsIron ore
Number of employees
8,500
ParentMetinvest
Websitecgok.metinvestholding.com

Background

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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]

Awards

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References

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  1. ^ a b c "Центральный ГОК - официальный сайт, история создания, адрес компании". File.liga.net. 2008-10-29. Retrieved 2012-02-08.
  2. ^ a b "METINVEST :: Our business :: Mining division". Metinvestholding.com. Archived from the original on 2012-02-26. Retrieved 2012-02-08.
  3. ^ "МЕТИНВЕСТ :: Центральный ГОК". Cgok.metinvestholding.com. 2005-11-06. Retrieved 2012-02-08.
  4. ^ "Центральный горно-обогатительный комбинат".
  5. ^ "Top 200 companies by revenue for 2022 - Opendatabot". opendatabot.ua. 2023-09-30. Retrieved 2023-09-30.
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