Mechel. September

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. ...