Southern Kuzbass

Press Releases

03December2013

Mechel Announces Finalization of Negotiations on 1-Billion-Dollar Syndicated Loan Agreement with International Lenders

Moscow, Russia December 03, 2013 Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces reaching agreement to extend the grace period and maturity of its USD 1 billion syndicated facility to the end of 2014 and 2016 respectively.
25November2013

Mechel Agreed on Covenant Holidays on A 1-Billion-Dollar Syndicated Loan

Moscow, Russia November 25, 2013 Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces reaching agreement on covenant holidays on its USD 1 billion syndicated facility until the end of 2014.
18January2013

Mechel Reports Selling Part of Controlling Stake in Vanino Sea Trade Port OAO to Investors

Moscow, Russia January 18, 2013 Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports selling a part of its earlier acquired controlling stake in Vanino Sea Trade Port OAO to investors.
05December2012

Mechel Secures Restructuring of a 1-Billion-Dollar Syndicated Loan

Moscow, Russia December 05, 2012 Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces signing an amendment and restatement agreement in relation to a syndicated pre-export loan totalling 1 billion US dollars in order to further improve the liquidity of the company.
20November2012

Mechel Announces Signing Contracts on Supplies of Extra-size Tires with Japans Marubeni Corporation

Moscow, Russia November 20, 2012 Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the signing of five-year contracts for supplies of extra-size Bridgestone tires with Japans Marubeni Corporation during the 10th session of the Russia-Japan Inter-Government Commission on Trade and Economic Issues in Tokyo, Japan.
15October2012

Mechel Announces Obtaining 24-Billion-Ruble Loan

Moscow, Russia October 15, 2012 Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports signing long-term agreements with Sberbank of Russia OAO on opening several credit lines to Southern Kuzbass Coal Company OAO for a total of 24 billion rubles.
20September2012

Mechel Reports Resumption of Coal Mining at New-Olzherassk Underground Mine

Moscow, Russia September 20, 2012 Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that coal mining at Southern Kuzbass Coal Company OAOs New-Olzherassk Underground has been resumed.
16July2012

Mechel Reports Resumption of Work at V.I. Lenina Underground Mine

Moscow, Russia July 16, 2012 Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that work at V.I. Lenina Underground mine facilities was resumed fully.
05July2012

Mechel Reports Suspension of Work at V.I. Lenina Underground Mine

Moscow, Russia July 5, 2012 Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that work was temporarily halted at V.I. Lenina Underground mine.
04May2012

Mechel Reports Resumption of Mining at Sibirginsk Mine

Moscow, Russia May 4, 2012 Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that mining at Southern Kuzbass Coal Company OAOs Sibirginsk Mine was resumed.