The main prerequisites for organizing the production of strontium ferrite powders and new magnetically hard materials in the process of deep enrichment of Olenegorsk iron ores and the processing of the obtained superconcentrate are presented. Justification of organizational and technical solutions for rational use of production potential of OAO Olkon, formation and development on its basis of a new industry - powder metallurgy - is given. The tendency of increasing demand on the world market for iron powders and new ferrite hard magnetic materials and increase in their production, especially in economically developed countries, has been established. Forecast of production and consumption of iron powders and strontium ferrite magnets in Russia taking into account the forthcoming reforming and technical re-equipment of some branches of the national industry. The order of implementation of the program to expand the production of iron powders at OAO Olkon has been established.
