Background

Cental GOK was established in 1961

Central Iron Ore Enrichment Works(CGOK) specializes in processing and production of raw materials for the steel industry, merchant concentrate with an average Fe

FE

Fe or FE may refer to:* Iron * Fe , the f-rune of the Younger Futhark* Fe * Fe * "Fe" , a song by Jorge González...

 content of 65.0% to 68.2% and pellets with an average Fe content of 63.9%. It is the only production in Ukraine, which is simultaneously using open-pit quartzite fields and ore underground mining.

Central GOK sources ore for production from Hleyevatskyi, Petrovskyi and Artyomovskyi open-pit quartzite fields, and from Ordzhonikidze underground mine well as mine field im.Ordzhonikidze.
Industrial quartzite resources in the contours are 51, 146, 159 and 106 Mtons respectively.

Along with three quarries and mine, the works consist of three plants (crushing, concentrate and pellets), and auxiliary plant, serving the main production.

The company employs nearly 8.5 thousand people.

Northern GOK is included in the Iron Ore Division of Metinvest Holding LLC

SCM Holdings

System Capital Management or SCM is a major Ukrainian financial and industrial holding company with headquarters based in Donetsk in the east of the country. The business is controlled by a Ukrainian businessman Rinat Akhmetov who owns 100% of the company shares...

, which is a component of System Capital Management group of companies.

Annual production capacity now stands at 14.2 Mtons of raw ore, more than 5.9 Mtons of iron ore concentrate, and over 2.2 Mtonnes of pellets.