-(220-x-200-px)-(130-x-130-px)-(220-x-200-px).jpg?lang=en-US&ext=.jpg)
Veolia.gif?width=200&height=200&mediaprotectionhash=4deca34a0d5a00013b5a0ccdc2dcf98fd2c17aabb57eb7bbb27200552f29c247&ext=.gif)
Mechel Wins Award for Elga Coal Complex Project
10/11/2011 - Mechel OAO has won the Minex-2011 forum’s 5th annual award for the development and construction of the company’s Elga Coal Complex.
Mechel OAO has won the Minex-2011 forum’s 5th annual award for the development and construction of the company’s Elga Coal Complex.
Mechel was granted the award under the category “For Successful Development of a Mining Industry Project”. The Elga Coal Complex project was selected for the award based on the results of open online 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 Far East, unmatched in the past 35 years of the Russian mining industry. Development of the Elga deposit will enable the company to increase export to Pacific Asia, thus strengthening its positions in this actively developing region.
“We are very glad that experts and the community honored our work on Elga Coal Complex with such a high evaluation,” said Mechel Mining Management Company OOO’s Chief Executive Officer Boris Nikishichev, commenting on the award. “We do have something to be proud of. Not only did our company manage to begin coal mining in such a short time, but we also built over 200 kilometers of railway in very difficult geographic and climatic conditions.
“Elga Coal Complex’s construction will give a significant boost to the Far East’s development, create new jobs and lay the basis for a new industrial and social infrastructure in southern Yakutia’s less populated areas,” added Nikishichev.
Mechel, one of Russia’s leading companies, conducts business in four segments: mining, steel, ferroalloy and power. Mechel unites producers of coal, iron ore concentrate, nickel, ferrochrome, ferrosilicon, steel, rolled products, hardware, heat and electric power, and its products are marketed domestically and internationally.
