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Mechel Announces Executive Appointment for Ferroalloy Division

Mechel OAO announced the appointment of Alexey Ivanushkin as Chief Executive Officer of the Oriel Resources Co. Ltd (Great Britain).
 
In his new position, Ivanushkin (46) will be in charge of the strategic management of Mechel’s Ferroalloy Division. The Division unites all of Mechel OAO’s ferroalloy assets, including the Tikhvin Smelting Plant in the St. Petersburg region; Southern Urals Nickel Plant in the Orenburg region; the Bratsk Ferroalloy Plant in the Irkutsk region; mining and processing plant Voskhod Chrome, Voskhod Chrome Deposit and Shevchenko Nickel Deposit (Kazakhstan).
 
Ivanushkin has served as Director of the Oriel Resources Co. Ltd. since October 2008. Prior to that, he served as Mechel’s Chief Operating Officer (January 2004 to February 2009) and Chief Executive Officer of Mechel Steel Group OAO (March 2003 to January 2004). Ivanushkin previously served as General Director of the Chelyabinsk Metallurgical Plant (1999 to 2002) and Director of the ferrous metals and ferroalloy department at the Moscow office of Glencore International AG (1993 to 1999).
 
Ivanushkin has also served as Chairman of the Board of Directors at Mechel’s subsidiary, Chelyabinsk Metallurgical Plant OAO (since 2002). He graduated from Moscow State University of Foreign Affairs (MGIMO) with a degree in economics and international affairs.
 
Mechel, one of Russia’s leading companies, unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, nickel, hardware, heat, and electric power. Its business includes four segments—mining, steel, ferroalloys and power—and its products are marketed domestically and internationally.