Grecian Magnesite S.A. has recently acquired and put in operation a new mobile screening unit, which is used to screen stockpiled fine RoM material, which has been accumulated from past processing periods. These materials have a size distribution mainly -40mm. The mobile unit will remove on site the -4mm fraction. The +4mm fraction will be transported to GM’s stationary processing installations, which are now able to treat fine material down to 4mm.
Grecian Magnesite’s CEO, Mr. Dimitrios Portolos, receives the International “Business For Peace” Award, from the Greek Committee of the International Chamber of Commerce (ICC Greece), for his significant contribution in the social & economic development of the Chalkidiki region.
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.