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Central Iron Ore Enrichment Works
Central Iron Ore Enrichment Works (CGOK) 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. Background Central GOK was established in 1961 in Kryvyi Rih. Central GOK mines Hleyevatskyi, Petrovskyi and Artyomovskyi open-pit quartzite fields, and from Ordzhonikidze underground mine. 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. The company employs nearly 8,500 people. Northern GOK is included in the Iron Ore Division of Metinvest Holding LLC, which is a component of the System Capital Management System Capital Management or SCM ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kryvyi Rih
Kryvyi Rih ( uk, Криви́й Ріг , lit. "Curved Bend" or "Crooked Horn"), also known as Krivoy Rog (Russian: Кривой Рог) is the largest city in central Ukraine, the 7th most populous city in Ukraine and the 2nd largest by area. Kryvyi Rih is also claimed to be the longest city in Europe. The city's population is estimated at . It hosts the administration of the Kryvyi Rih District and its subordinate Kryvyi Rih urban community. The city is also part of the Kryvyi Rih Metropolitan Region. Located at the confluence of the Saksahan and Inhulets rivers, Kryvyi Rih was founded as a military staging post in 1775. Urban-industrial growth followed Belgian, French and British investment in the exploitation of the area's rich iron-ore deposits (generally called Kryvbas) in the 1880s. Kryvyi Rih gained city status after the October Revolution in 1919. Stalin-era industrialisation saw the development in the city from 1934 of Kryvorizhstal, the largest integrated metallur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ukraine
Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian invasion, it was the eighth-most populous country in Europe, with a population of around 41 million people. It is also bordered by Belarus to the north; by Poland, Slovakia, and Hungary to the west; and by Romania and Moldova to the southwest; with a coastline along the Black Sea and the Sea of Azov to the south and southeast. Kyiv is the nation's capital and largest city. Ukraine's state language is Ukrainian; Russian is also widely spoken, especially in the east and south. During the Middle Ages, Ukraine was the site of early Slavic expansion and the area later became a key centre of East Slavic culture under the state of Kievan Rus', which emerged in the 9th century. The state eventually disintegrated into rival regional po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iron Ore
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the form of magnetite (, 72.4% Fe), hematite (, 69.9% Fe), goethite (, 62.9% Fe), limonite (, 55% Fe) or siderite (, 48.2% Fe). Ores containing very high quantities of hematite or magnetite (greater than about 60% iron) are known as "natural ore" or "direct shipping ore", meaning they can be fed directly into iron-making blast furnaces. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel—98% of the mined iron ore is used to make steel. In 2011 the ''Financial Times'' quoted Christopher LaFemina, mining analyst at Barclays Capital, saying that iron ore is "more integral to the global economy than any other commodity, except perhaps oil". Sources Metallic iron is virtually unknown on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metinvest
Metinvest is an international group of steel and mining companies that owns operations in Ukraine, Italy, Bulgaria, the UK and the US, mines ore and coal, produces coke, smelts steel and produces rolled products, pipes and other steel products. The group's assets are managed by Metinvest Holding LLC.Colossi With Feet of Clay (22 February 2013) Company today In 2021, Metinvest topped ranking of Ukraine's largest private companies. It is Ukraine's largest producer of iron ore and steel. In 2021, the World Steel Association ranked the group 4 ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steel
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iron (element)
Iron () is a chemical element with symbol Fe (from la, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, right in front of oxygen (32.1% and 30.1%, respectively), forming much of Earth's outer and inner core. It is the fourth most common element in the Earth's crust. In its metallic state, iron is rare in the Earth's crust, limited mainly to deposition by meteorites. Iron ores, by contrast, are among the most abundant in the Earth's crust, although extracting usable metal from them requires kilns or furnaces capable of reaching or higher, about higher than that required to smelt copper. Humans started to master that process in Eurasia during the 2nd millennium BCE and the use of iron tools and weapons began to displace copper alloys, in some regions, only around 1200 BCE. That event is considered the transition from the Bronze Age to the Iron ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Open-pit
Open-pit mining, also known as open-cast or open-cut mining and in larger contexts mega-mining, is a surface mining technique of extracting rock (geology), rock or minerals from the earth from an open-air pit, sometimes known as a Borrow pit, borrow. This form of mining differs from extractive methods that require tunnelling into the earth, such as long wall mining. Open-pit mines are used when deposits of commercially useful ore or rocks are found near the surface. It is applied to ore or rocks found at the surface because the overburden is relatively thin or the material of interest is structurally unsuitable for tunnelling (as would be the case for cinder, sand, and gravel). In contrast, minerals that have been found underground but are difficult to retrieve due to hard rock, can be reached using a form of underground mining. To create an open-pit mine, the miners must determine the information of the ore that is underground. This is done through drilling of probe holes in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quartzite
Quartzite is a hard, non- foliated metamorphic rock which was originally pure quartz sandstone.Essentials of Geology, 3rd Edition, Stephen Marshak, p 182 Sandstone is converted into quartzite through heating and pressure usually related to tectonic compression within orogenic belts. Pure quartzite is usually white to grey, though quartzites often occur in various shades of pink and red due to varying amounts of hematite. Other colors, such as yellow, green, blue and orange, are due to other minerals. The term ''quartzite'' is also sometimes used for very hard but unmetamorphosed sandstones that are composed of quartz grains thoroughly cemented with additional quartz. Such sedimentary rock has come to be described as orthoquartzite to distinguish it from metamorphic quartzite, which is sometimes called metaquartzite to emphasize its metamorphic origins. Quartzite is very resistant to chemical weathering and often forms ridges and resistant hilltops. The nearly pure silica conte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Underground Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SCM Holdings
System Capital Management or SCM ( uk, Систем Кепітал Менеджмент) is a major Ukrainian financial and industrial holding company established in 2000 in Donetsk in the east of the country and since 2014 headquartered in Kyiv. The business is controlled by Ukrainian businessman Rinat Akhmetov, who owns 100% of the company shares. In 2011, the group had revenues of around $19.5 billion and assets worth over $28.4 billion. SCM was set up in 2000. It includes over 100 businesses in metals and mining, power generation, banking and insurance, telecommunications, media and real estate as well as in some other spheres. The total number of employees at SCM enterprises is about 200,000 people. The Group is audited by PricewaterhouseCoopers. As of May 2022, SCM (dba SCM Consulting Ltd) has been represented in the United States by the Washington, D.C. based public relations firm Qorvis LLC. Structure The biggest company in the SCM Group is Metinvest inv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
