EVRAZ KGOK is one of five key mining companies in Russia. Located in the Sverdlovsk region, 140 km from EVRAZ NTMK, EVRAZ KGOK mines titanomagnetite iron ore with vanadium content at the Gusevogorskoe deposit. The vanadium content makes it possible to produce high-strength grades of alloy steel.
Mt. Kachkanar is the only source of vanadium ore in Russia. Surveying of this deposit began in the early 1930s. In 1956, the government of the USSR decided to construct a mining and concentrating complex at Mt. Kachkanar to supply Nizhny Tagil Iron and Steel Works and, later, all steel works in the Urals region with vanadium ore. Over the years, KGOK became one of the leading mining companies in the USSR and in Europe.
EVRAZ KGOK has a capacity of about 55 million tonnes of iron ore per year. EVRAZ NTMK is a primary consumer of EVRAZ KGOK’s products.
At the moment, EVRAZ KGOK uses three open pits to produce the ore that is then processed by its crushing, processing, sintering and pelletising plants. The final product (i.e. sinter and pellets) is loaded into railway cars and shipped to consumers, including those abroad.
Today, EVRAZ KGOK:
- is one of five key mining companies in Russia;
- is the only producer of
V-ironore in Russia;
- mines titanomagnetite iron ore with vanadium content at the Gusevogorskoe deposit, which is used to produce high-strength grades of steel;
- is the only Russian company that produces high-quality materials from iron ore with low iron content (15%);
- is the source of iron ore for another EVRAZ company, i.e. EVRAZ NTMK. The deposit of titanomagnetite iron ore is 140 km from Nizhny Tagil, which makes cooperation between the companies rather efficient.
EVRAZ KGOK has a capacity or more than 58 million tonnes of iron ore per year.