Grecian Magnesite S.A. is pleased to announce the launch of a new Caustic Calcined Magnesia product, sold under the AK98 Premium brand name, produced by its Turkish subsidiary Akdeniz Mineral Kaynaklari AS (AMK).
The early years were spent with the development of new markets, the acquisition of earth moving equipment, the "opening" of new mining pits and the techno-economical studies for the extensive investments which followed.
The first rotary kiln for the production of deadburned magnesia operated in 1967 and the company started exporting to the refractory industry of the Western and Eastern Europe.
GRECIAN MAGNESITE is a privately owned company established in 1959 as a mining and industrial concern. However the magnesite mining expertise of the owners (Portolos family) goes back to 1914, when J.G. Lambrinides the “eminence grise” of Greek magnesite and a pioneer mining engineer, started the development and exploitation of most of the magnesite activities in Greece.