Ellatzite-Med AD is a privately held joint-stock company dealing with open-pit mining and processing of copper and gold-bearing ores. It is the largest company in GEOTECHMIN GROUP.
The company is a leader in the Bulgarian mining sector and an active member of the Bulgarian Chamber of Mining and Geology, the Scientific and Technical Union of Mining, Geology and Metallurgy, Srednogorie Industrial Cluster, Confederation of Employers and Industrialists in Bulgaria. It is also a founder and member of the Management Board of the Bulgarian Federation of Industrial Energy Consumers.
The successful development of Ellatzite-Med AD and its responsible approach towards the environment and social problems of the regions where it operates have strengthened its position as one of the major factors for social and economic advancement of the municipalities of Etropole and Srednogorie region.
Ellatzite mine is located on the territory of Etropole and Chelopech Municipalities. It is one of the largest open-pit mines in Bulgaria and one of the major local producers of copper-gold concentrates. Ore beneficiation and subsequent tailings disposal are carried out on the territory of Mirkovo, Chavdar and Zlatitsa Municipalities.
The company employs about 1,770 staff. It is among the large taxpayers and one of the major investors in Bulgaria.
Substantial investments are being made not only in implementing the latest technologies, equipment and environmental protection measures, but also in improving the qualification of employees – the company’s most valuable asset.
Ellatzite-Med AD has been certified according to ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007 and ISO 50001:2011. The Company holds accreditation certificates according to ISO/IEC 17025:2006 for testing and calibration laboratories and ISO/IEC 17020:2012 for the operation of various types of bodies performing inspection.
Ellatzite-Med AD maintains good business relations with leading Bulgarian and international companies, such as Aurubis Bulgaria AD, Mitsubishi Materials Techno Corporation, Lukoil Bulgaria EOOD, Hitachi, Shell Bulgaria AD, Belaz-Sofia Ltd, Z & M Private Co. Ltd., Kozloduy NPP Plc, Krupp Foerdertechnik GmbH, Kirov AD, Austin International, Cobalt Group OOD, Reedrill Inc., Atlas Copco Bulgaria EOOD.