Eastern Mining and Processing Plant explained

Eastern Mining and Processing Plant
Built:1951
Location: Zhovti Vody, Ukraine
Industry:mining, iron and uranium ore beneficiation
Products:Low-enriched uranium
Employees:6,644 (2018)
Area:Kryvyi Rih metropolitan area
Owner:state enterprise
Website:http://vostgok.com.ua/

The Eastern Mining and Processing Plant (Ukrainian: Східний гірничо-збагачувальний комбінат; Skhidnyy hirnycho-zbahachuvalʹnyy kombinat) is one of the top ten uranium mining and milling facilities in the world,[1] and also the largest one in Europe.[2] The state-owned enterprise,[2] known as Vostochny Gorno-Obogatitel’niy Kombinat (VostGOK) - is located in the city of Zhovti Vody,[3] Ukraine, with the address Pershotravneva St, 2А, Zhovti Vody, Dnipropetrovsk Oblast, Ukraine, 52200.

According to Ukrainian Metal on their website post of 08.11.2023, "In Kirovohrad region law enforcers revealed managers of the state enterprise Vostochniy Mining and Processing Works on buying metallurgical slag wastes at inflated prices. VostGOK is the largest in Europe and the only in Ukraine extractor of uranium ore and producer of uranium concentrate. According to the Economical Security Bureau, the enterprise announced tenders to buy raw materials, the winners of which were faux companies, that acted as middlemen, while slag wastes were bought directly from manufacturers. Thus, expenses were increased, but taxes minimized. As a result, the state received damages of 1.5 million UAH."[4]

Notes and References

  1. Web site: Ukraine bets on uranium for energy independence. Mining Magazine. January 7, 2022. November 19, 2022.
  2. Web site: NABU Detectives detained a former Member of Parliament . National Anti-Corruption Bureau of Ukraine. April 21, 2017. November 19, 2022.
  3. Web site: Uranium in Ukraine and Abroad . UATOM. November 19, 2022.
  4. Web site: admin . 2023-11-08 . Ukraine: VostGOK managers accused of embezzlement . 2024-04-19 . The Ukrainian Metal . en-US.