Olcon

Olcon is the most northern iron ore complex in Russia. Olcon is the long-term supplier of Cherepovets Steel Mill since 1950s.

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General information

Location:
Olenegorsk, Murmansk region, North-West Russia

Established:
1949

Acquired:
In 2001 Severstal acquired a controling stake in OAO Olcon. By 2008 Olcon became a fully owned subsidiary of Severstal.

Ownership:
Severstal holds 100% of Olcon share capital

Facilities

Reserves:
Reserves and resources 381 million metric tonnes (2008, JORC)

Sites:

Results

Indicative annual output:
Total iron ore concentrate production – 4.4 million tonnes (2014)

Products

Olcon produces

  • Iron Ore Concentrate
  • Crushed Stones
  • Ferrite Strontium Powder

Who buys products:
The main consumer of Olcon iron ore concentrate is Severstal Russian Steel (Cherepovets, Russia).

Using of products:
Iron ore concentrate is used for pelletizing process for production of agglomerate or pellets – the main raw material for crude steel production.

Post address

OAO Olcon2 Leningradsky prospekt,
Murmansk Region, Оленегорск,
Russia, 184530

Phone: +7 (81552) 5-55-00, 5-51-55
Fax: +7 (81552) 5-82-52

Web site: olcon.severstal.com (in Russian only)