LARCO

The General Mining and Metallurgical Company SA (Greek: Γενική Μεταλλευτική και Μεταλλουργική Α.Ε.), better known as LARCO (ΛΑΡΚΟ), is a ferro-nickel production company in Greece. It has mines in the regions of Euboea, Neo Kokkino, Kastoria and Servia. The company also has a metallurgical plant in Larymna, which employs the majority of the company's employees.

Larco

Company type	State-owned company
Industry	Metals, Smelting, Mining
Founded	1963
Defunct	25 July 2022
Headquarters	Larymna , Greece
Products	Nickel, Technology and R&D
Website	www.larco.gr/index.php

The ore exploited by the company is the nickel-rich limonite.^[1] The deposits exploited by the company undergo open pit mining, although 2% are mined underground. The final result is a granular, high purity, low carbon carbon ferric, which is used exclusively in the production of stainless steel and is transported from the port of Larymna.^{[citation needed]}

History

LARCO was founded in 1963 by Prodromos Bodosakis-Athanasiadis, with headquarters in Marousi in Athens. In 1966, the construction of the factory in Larymna was completed and in 1968 the construction of a settlement for the workers and their families was completed.

The mines of Euboea were fully exploited in 1969 and in 1972 two new electric furnaces were added to Larymna.

In 1977, Europe's first long-distance conveyor belt, with a length of 7.5 km, was installed to reduce the cost of transporting the ore by truck.

• 
  Nickel smelting factory in Larymna.