Mechel

Production and sales for 2011 Production: Product name 201 1, thousand tonnes 2010, thousand tonnes  201 1 vs 20 10, % Coal (run-of-mine) 27,625 ...

Mechel, one of the leading Russian mining and metals companies, announces closure of the transaction for the acquisition of 100% of the shares of Donetsk Electrometallurgical Plant (DEMZ AO). On December 23, 2011, Mechel completed the acquisition of 100% of Donetsk Electrometallurgical Plant. As previously communicated, the acquisition was approved at Mechel OAO’s annual shareholders’ meeting and by the Mechel’s Board of Directors. The acquisition is valued at $537 ...

Mechel, one of the leading Russian mining and metals companies, announces the launch of the reconstructed coke-oven battery #5 at Mechel Mining OAO’s subsidiary Mechel-Coke OOO. The launch of the facility means that all of Mechel-Coke OOO’s eight coke-oven batteries are now operational. This enables the company to increase production of coke and chemicals and ensure the needs and resource independence for Mechel Group’s Chelyabinsk Metallurgical Plant and Southern ...

Mechel, one of the leading Russian mining and metals companies, announces the launch of the universal rolling mill’s first line — the blooming concaster #5 at Chelyabinsk Metallurgical Plant’s oxygen converter shop. The blooming concaster #5 with an annual capacity of one million tonnes is due to supply the universal rolling mill with top-quality continuously-cast billets. The new concaster can produce 200 mm x 200 mm and 300 mm x 360 mm billets from various ...

Mechel, one of the leading Russian mining and metals companies, announces that Southern Kuzbass Coal Company’s washing plant produced first coking coal concentrate out of the Elga deposit’s coal. A sample lot of some 4,000 tonnes of Elga’s coking coal was washed at Southern Kuzbass Coal Company OAO’s Sibir plant. The concentrate obtained by industrial washing has qualities which rate the Elga deposit’s coals with high-value grades of caking coals. ...

Mechel, one of the leading Russian mining and metals companies, announces winning the prestigious Cbonds Awards contest in the Best Primary Placement for Domestic Bonds category. Based upon the Cbonds news agency’s analysis, Mechel won the top place in the Best Primary Placement for Domestic Bonds nomination for the placement of the 17-19 series debentures with a maturity of 10 years and a put option in five years. Mechel placed the 17-19 series bonds with the nominal ...

Mechel, JSC one of the leading Russian mining and metals companies, announced the signing of a long-term partnership agreement with BelAZ, JSC during the session of the Supreme State Council of the Union State of Russia and Belarus held on the level of heads of state. Mechel JSC’s Chairman of the Board of Directors Igor Zyuzin and BelAZ JSC’s General Director Pyotr Parkhomchik signed the long-term partnership agreement in the presence of Russian President Dmitry Medvedev, ...

Pavel Shtark, the Managing Director of Mechel-Coke (plant, located in Chelyabinsk, which produces coke-chemical products, with the production capacity 2.7 million tons) informed Metal Supply and Sales Journal about the implementation of investment program. The investment program involves relaying the basic units of coke batteries. Currently the fourth battery is being shifted at the Chelyabinsk facilities. In 2006 the battery #7 was commissioned, the battery #4 in 2009 and in March ...

Mechel JSC, one of the leading Russian mining and metals companies, reported its participation in the 17th International Industrial Exhibition Metal-Expo’ 2011, which was held at the All-Russia Exhibition Center in Moscow on November 15-18, 2011. 650 organizations from Russia, the CIS, Europe, South-Eastern Asia, the Middle East and the United States took part in the traditional steelworker forum. More than 4,000 representatives of various companies worked at the exhibition to ...

Mechel, one of the leading Russian mining and metals companies, announced that coal mining at New-Olzherassk Underground mine has been resumed. By the end of the year, New-Olzherassk’s section # 21-1-7 is planned to yield some 352,000 tons of coal. The long wall face’s industrial reserves are estimated at some 3 million tons. The breakage face is equipped with mechanized shield supports made by ZF of China and a shearer, a face conveyor and a rear conveyor by Joy ...

Mechel JSC one of the leading Russian mining and metals companies, announced the signing of a long-term framework agreement with Sberbank of Russia on providing a loan to Mechel Trading AG. Sberbank of Russia provides Mechel Trading AG with a framework credit line totaling 130 million US dollars for a period of three years and within its framework, separate credit lines carrying a 1-year tenor. Mechel JSC and Chelyabinsk Metallurgical Plant JSC act as guarantors of the facility. ...

Mechel JSC, one of the leading Russian mining and metals companies, announced the launch of a biochemical cleaning facility to treat phenolic waste water from Mechel-Coke Ltd.’s coke and chemicals production process. Andrei Dementyev, Deputy Industry and Natural Resources Minister, Viktor Semyonov, Director of the Basic Industry Department of the Industry & Natural Resources Ministry, Konstantin Tsibko, Russian Federation Council Member for Chelyabinsk Region, Chelyabinsk ...

Mechel, JSC, one of the leading Russian mining and metals companies, announced that Southern Urals Nickel Plant JSC launched an experimental industrial complex to produce ferronickel. Orenburg Region’s Governor Yuri Berg, State Dumà Deputy Viktor Zavarzin, the city of Orsk’s Administration Chief Viktor Franz, Mechel JSC’s Chairman of the Board of Directors Igor Zyuzin, Oriel Resources Ltd.’s Chief Executive Officer Alexei Ivanushkin, Mechel-Ferroalloys ...

Mechel, JSC is a leading Russian mining and steel group, announced financial results for the 1H 2011. - Revenue amounted to $6.4 billion - Consolidated adjusted EBITDA amounted to $1.2 billion - Net income attributable to shareholders of Mechel, JSC amounted to $501 million Yevgeny Mikhel, Mechel’s Chief Executive Officer, commented on the 2Q 2011 results: “The Company was quite successful in this period. Despite a few difficulties we had to contend with early ...

Mechel, JSC one of the leading Russian mining and metals companies, won the 5th annual award of Minex-2011 forum in the nomination “For Successful Development of a Mining Industry Project”. The award was granted based on the results of online open voting and the opinions of independent experts involved in the award committee’s work. The Elga coal deposit is one of the world’s largest coking coal deposits. Its development is a key strategic project for the ...

Mechel, JSC, one of the leading Russian mining and metals companies, announces the signing of a strategic partnership memorandum with SAP AG, the world’s leading supplier of business management software solutions. As a result of the September 20 meeting between Mechel OAO’s Chief Executive Officer Yevgeny Mikhel and SAP AG’s President for EMEA Franck Cohen, the two sides signed a memorandum for strategic partnership to increase the efficiency of the company’s ...

Mechel, one of the leading Russian mining and metals companies, announces the first results of mining in Yakutugol Holding Company OAO’s Elga Coal Complex. In accordance with plans announced earlier, mining at the Elga deposit started in August. The Elginsky open pit yielded some 21,000 tonnes of coal in less than a month. The start of the mining process was timed to the commissioning of the Ulak-Elga railway from point 1 to the 209-kilometer point, with the railway ...

Mechel JSC, one of the leading Russian mining and metals companies, announces the creation of Mechel Somani Carbon Private Limited, India, set up jointly with India’s Somani Group. The joint venture will handle distribution of metallurgical coals on the Indian market. Mechel Carbon AG, subsidiary of Mechel OAO’s mining division Mechel Mining OAO, and Northern Exim Private Limited, which is part of Somani Group, jointly set up Mechel Somani Carbon Private Limited, India. ...

Mechel, one of the leading Russian mining and metals companies, announces reaching full production capacity at the Nerungrinskaya processing plant of Yakutugol Holding Company OAO and gives an update on the construction of Elga Coal Complex. In July, Yakutugol Holding Company OAO’s Nerungrinskaya washing plant processed 783,000 tons of coking coal and produced 536,000 tons of concentrate and 197,000 tons of middlings. This is the highest monthly result the plant achieved in its ...

Mechel OAO, one of the leading Russian mining and metals companies, announces the launch of the new converter # 2 in Chelyabinsk Metallurgical Plant’s oxygen-converter shop. Replacement of the converter #2 is the first stage in the complex reconstruction program for Chelyabinsk Metallurgical Plant’s oxygen converter shop. The program, which is due to be completed by 2013, includes full replacement of the shop’s three converters, dedusting tracts and their ...