Private company

Karelskiy Okatysh mine

Logo: Severstal Avia, Public domain, via Wikimedia Commons3

Iron mine in Russia

The Karelskiy Okatysh mine is a large iron mine located in the northwest of Russia in the Republic of Karelia. Karelskiy Okatysh represents one of the largest iron ore reserves in Russia and in the world having estimated reserves of 1.29 billion tonnes of ore grading 63.2% iron metal.2 It employed 4,000 people in 2022.1 Its revenue was $131 million in 1994.1 It is part of Severstal.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1974Founded1
Karelsky okatysh pelletizing plant
Photo: Vyacheslav Bukharov, CC BY-SA 4.0, via Wikimedia Commons5

The Karelskiy Okatysh mine is a large iron mine located in the northwest of Russia in the Republic of Karelia. Karelskiy Okatysh represents one of the largest iron ore reserves in Russia and in the world having estimated reserves of 1.29 billion tonnes of ore grading 63.2% iron metal.2

Corporate structure

Karelskiy Okatysh mine is part of a group headed by Severstal. 11 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

Products and brands

  • Iron ore pellets
  • iron ore
  • ore concentrate

Listed on Wikidata.1

Products

The mine produce about 10.6 million tonnes of high quality iron pellets annually.

Technologies

The mine is using 3D CAD mine planning software for quality and volumes control. Fully integrated with fleet management systems for the dump truck flow optimisation. Drills fleet equipped by high precision system for navigation and data integrity for blast optimization. The high precision system on excavators are used for ore quality management from slaughtering to stockpiles. High precision dozer systems working to improve quality, reduce costs in road maintenance and construction.

From Wikipedia’s article on Karelsky Okatysh mine, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company

From Wikidata.1

Employees over time

  • 20224,0001

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 1994$130.9M1

Timeline

  1. 1974Founded Founded1