Ingulets Iron Ore Enrichment Works
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Ingulets Iron Ore Enrichment Works
Ingulets Iron Ore dressing Works (Ingulets GOK) is a mining and processing plant which produces metallurgical products. The company is based in Kryvy Rih, Ukraine. Ingulets GOK sources iron ore from the deposits of ferruginous (iron oxide-containing) quartzite at the Inhulets deposit. Ingulets is a Russian romanization of Ukrainian name Inhulets (see Ge (Cyrillic)). 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 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. The Comp ...
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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 ...
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Beneficiation
In the mining industry or extractive metallurgy, beneficiation is any process that improves (benefits) the economic value of the ore by removing the gangue minerals, which results in a higher grade product (ore concentrate) and a waste stream (tailings). There are many different types of beneficiation, with each step furthering the concentration of the original ore. History Iron beneficiation has been evident since as early as 800 BC in China with the use of bloomery. A bloomery is the original form of smelting and allowed people to make fires hot enough to melt oxides into a liquid that separates from the iron. Although the bloomery was promptly phased out by the invention of the blast furnace, it was still heavily relied on in Africa and Europe until the early part of the second millennium. The blast furnace was the next step in smelting iron which produced pig iron. The first blast furnaces in Europe appeared in the early 1200s around Sweden and Belgium, and not until the late ...
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Mining Companies Of Ukraine
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 fin ...
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