Kovdor Enterprise of EuroChem Released Commodity Products for 9 bln RU
OREANDA-NEWS. On October 24, 2007 JSC “Kovdorsky GOC”, incorporated into the Mineral Chemical Company “EuroChem”, over 9 months of the current year released commodity products at the amount of 7,14 billion rubles (in comparable prices) which amounts to 102,03 % to the level of the similar period of the part year, reported the press-centre of EuroChem.
Release of iron-ore concentrate from the beginning of 2007 amounted to 3,88 million tons or 91% to the level of the similar period of the previous year. The Combine is carrying out prepara-tory works for implementation of the investment project aimed at significant reduction of gray in iron-ore concentrate. This will permit to significantly improve the quality of the produced product, render it competitive in the European market, will open for the enterprise new sales markets and will increase efficiency of work. Shipments of iron-ore concentrate have increased: this indicator comparing to the previous year is exceeded by 10,55 %.
Apatite concentrate was produced over 9 months of the current year at the amount of 1 827,76 thousand tons. This is higher than the level of January-September of 2006 by 22,86 %.
Production volume of beddelyite concentrate increased by 2,91 % and amounted to 5,44 thou-sand tons. JSC “Kovdorsky GOC” is the only producer of beddelyite concentrate all over the world, which is a unique zirconium containing raw material.
Increase in production of apatite and beddelyite concentrates became possible thanks to suc-cessful implementation of the Investment Project of OJSC “MCC “EuroChem” as a result of which “Kovdorsky GOC” introduced into operation a new scheme for raw material processing. The executed modernization of equipment allowed GOC to simultaneously process ore and raw of technogenic deposit without technological pauses.
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