CVG Ferrominera Orinoco DRI plant

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CVG Ferrominera Orinoco DRI plant (CVG Briquetera Ferrominera Orinoco (Spanish)), also known as FMO, Opco, is a direct reduced iron (DRI) steel plant operating in Ciudad Guayana, Bolívar, Venezuela.

Location

The map below shows the exact location of the plant in Ciudad Guayana, Bolívar, Venezuela:

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  • Location: Avenida Caracas, Ciudad Guayana 8050, Bolívar, Venezuela
  • Coordinates (WGS 84): 8.334680, -62.728842 (exact)

Background

CVG Ferrominera Orinoco (also known as FMO) was formed in 1976 following the nationalization of the Orinoco Mining Company and Iron Mines Company, subsidiaries of U.S. Steel and Bethlehem Steel Company that had been operating in Venezuela since the 1950s.[1] FMO's operations are split between the company's iron mines near Ciudad Piar and its DRI plant in Ciudad Guayana, both located in Venezuela's Bolívar state.[1] FMO's Midrex DRI facility has a nominal iron making capacity of 1 million tonnes per annum[2], but the plant has struggled to produce even a fraction of that amount in recent years, with output falling to less than 100,000 tonnes in 2016.[1]

In October 2021 the Venezuelan government reported that repair and maintenance efforts undertaken during 2020 and 2021, including replacement of the plant's zinc oxide towers and reconditioning of its BF6001 and BF6002 boilers, would allow FMO to resume iron production at the rate of 43,000 tonnes per month.[3]

Plant Details

Table 1: General Plant Details

Plant status Start date Workforce size
Operating[4] 1990[5] 1800[6]

Table 2: Ownership and Parent Company Information

State-owned entity status Parent company Parent company GEM ID Owner Owner company PermID Owner company GEM ID
Full Government of Venezuela [100.0%] E100001000281 [100%] Cvg Ferrominera Del OrinoCo CA[7] 5000951683 E100001000469

Table 3: Process and Products

Steel product category Steel products Main production equipment Detailed production equipment
crude HBI[8][5] DRI[9][5][8] 1 DRI plant (Midrex HBI, 1990)[10][11][12][13]

Table 4: Crude Iron Production Capacities (thousand tonnes per annum)

*Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.
Capacity operating status* Sponge iron/DRI capacity Nominal iron capacity (total)
operating 1000 TTPA[9][13] 1000 TTPA[9][13]

Table 5: Actual Crude Iron Production by Year (thousand tonnes per annum)

Year DRI Production Total (all routes)
2020 0 TTPA[14][4] 0 TTPA[14][4]
2021 >0 TTPA[15][16] >0 TTPA
2022 >0 TTPA[9] >0 TTPA

Articles and Resources

Additional data

To access additional data, including an interactive map of steel power plants, a downloadable dataset, and summary data, please visit the Global Steel Plant Tracker on the Global Energy Monitor website.

References

  1. 1.0 1.1 1.2 "Empresas Heridas de Muerte: Corrompiendo el Metal" (PDF). Transparencia Venezuela. 2018.{{cite web}}: CS1 maint: url-status (link)
  2. "2020 World Direct Reduction Statistics" (PDF). Midrex. September 14, 2021.{{cite web}}: CS1 maint: url-status (link)
  3. "Arranque exitoso en Planta de Briquetas". Ferrominera Orinoco CA. 2021-10-28.{{cite web}}: CS1 maint: url-status (link)
  4. 4.0 4.1 4.2 https://web.archive.org/web/20220318114214/https://www.ferrominera.com/publicaciones/arranque-exitoso-de-planta-de-briquetas/. Archived from the original on 18 March 2022. {{cite web}}: Missing or empty |title= (help)
  5. 5.0 5.1 5.2 (PDF) https://web.archive.org/web/20240125055518/https://transparenciave.org/wp-content/uploads/2018/11/EPE-II-Sector-Metalurgia_DeF.pdf. Archived from the original (PDF) on 25 January 2024. {{cite web}}: Missing or empty |title= (help)
  6. https://web.archive.org/web/20220319214548/https://www.apollo.io/companies/CVG-Ferrominera-Orinoco-C-A-/54a1279d69702d931368b400?chart. Archived from the original on 19 March 2022. {{cite web}}: Missing or empty |title= (help)
  7. https://web.archive.org/web/20220209232440/https://www.ferrominera.com/. Archived from the original on 09 February 2022. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  8. 8.0 8.1 https://web.archive.org/web/20220710223609/https://www.ferrominera.com/. Archived from the original on 10 July 2022. {{cite web}}: Missing or empty |title= (help)
  9. 9.0 9.1 9.2 9.3 (PDF) https://web.archive.org/web/20231103031625/https://www.midrex.com/wp-content/uploads/MidrexSTATSBook2022.pdf. Archived from the original (PDF) on 03 November 2023. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  10. https://web.archive.org/web/20220124055327/https://www.ferrominera.com/operaciones-de-reduccion-directa-de-fe/. Archived from the original on 24 January 2022. {{cite web}}: Missing or empty |title= (help)
  11. https://web.archive.org/web/20220320173526/https://www.midrex.com/about-midrex/midrex-plants/. Archived from the original on 20 March 2022. {{cite web}}: Missing or empty |title= (help)
  12. (PDF) https://web.archive.org/web/20220318083849/http://www.midrex.com/wp-content/uploads/Midrex-Plants-Sheet2021-1.pdf. Archived from the original (PDF) on 18 March 2022. {{cite web}}: Missing or empty |title= (help)
  13. 13.0 13.1 13.2 "2022 AIST DRI and HBI Roundup". Association for Iron & Steel Technology. January 2022. {{cite magazine}}: Cite magazine requires |magazine= (help)
  14. 14.0 14.1 https://web.archive.org/web/20210616073747/https://www.correodelcaroni.com/laboral-economia/asesores-de-cvg-ad-hoc-presentan-estrategia-para-recuperar-al-sector-ferrosiderurgico/. Archived from the original on 16 June 2021. {{cite web}}: Missing or empty |title= (help)
  15. https://web.archive.org/web/20220712035839/https://talcualdigital.com/ferromineros-denuncian-areas-inutilizadas-por-falta-de-mantenimiento-y-desinversion/. Archived from the original on 12 July 2022. {{cite web}}: Missing or empty |title= (help)
  16. (PDF) https://web.archive.org/web/20221008040524/https://www.midrex.com/wp-content/uploads/MidrexSTATSBook2021.pdf. Archived from the original (PDF) on 08 October 2022. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)

Resources