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Ellatzite-Med AD is a private joint-stock company dealing with extraction and processing of copper and gold-containing ores. It is the largest company in the GEOTECHMIN group. The company is a leader in Bulgarian mining industry and an active member of such organizations as the Bulgarian Chamber of Mining and Geology and the Scientific and Technical Union of Mining, Geology and Metallurgy. Ellatzite-Med represents the modern business in Bulgaria, has an active civil position and a responsible approach towards the environment and the social issues of the regions where it is operating. The company has 1,730 workers and employees. It is among the major taxpayers and one of the biggest investors and concessioners in Bulgaria. It comprises of two main production units – an open-pit mine in Etropole and a flotation plant near the village of Mirkovo. Mine Ellatzite is the biggest open-pit copper mine in Bulgaria and the largest local producer of copper and gold concentrate. The total quantity of mined rock material extracted in 2010 was 44 million tons, and the processed ore was almost 13 million tons. 178 thousand tons of copper concentrate were produced out of this ore. Ellatzite copper concentrate is traded at the domestic and foreign markets. Ellatzite-Med operates an explosives plant where emulsion and packaged explosives are produced under American license. Moreover, the company runs a plant which produces molybdenum concentrate. Up-to-date and highly efficient mining equipment is used at the mining complex. Large investments are made not only in new production lines, technology, equipment and environmental protection measures, but also in the constant improvement of the qualification of employees – the most valuable asset of the company. Ellatzite-Med AD maintains good business relations with leading Bulgarian and international companies like Aurubis Bulgaria, Lukoil, Hitachi, Shell, Belaz-Sofia, Z&M Private Co., Kozloduy Nuclear Power Plant, Krupp Fördertechnik, Kirov, Austin International, Cobalt Limited, Reedrill and Atlas Copco. To see the Announcement to the Interested Parties regarding Ellatzite-Med’s commitment to quality management, environmental protection and health and safety at the workplace in compliance with standards ISO 9001:2008, ISO 14001:2004 and OHSAS 18001:2007, click here. For more information about the Integrated Management System implemented by Ellatzite-Med, click here.
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