Press Releases
28 August 2014

Mechel Reports Successful Lab Tests of its Rails at Railway Research Institute

Chelyabinsk, Russia – August 28, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that independent lab tests of rails produced at Chelyabinsk Metallurgical Plant confirmed their high quality and compliance with the most exacting international standards.
19 August 2014

Mechel Announces Board of Directors Decision

Moscow, Russia – August 19, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the election of new members to the Mechel OAO Management Board, the Company’s elected collegial executive body.
18 August 2014

Mechel Reports New Management Appointment

Moscow, Russia – August 18, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that Alexey Ivanushkin was appointed First Deputy Chief Executive Officer.
14 August 2014

Mechel Reports Obtaining Federal Railway Transport Agency’s Approval for Operating Elga Deposit Railway

Moscow, Russia – August 14, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that the Federal Railway Transport Agency granted its permission to run wagons along the non-public railway track leading to the Elga coal deposit, which is still under construction.
13 August 2014

Mechel Reports Technical Revamping of Mining Facilities

Moscow, Russia – August 13, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports acquiring new equipment in line with its technical revamping program for Mechel Mining OAO’s facilities. The company plans to invest a total of 2.9 billion rubles into maintenance of the mining division’s production facilities in 2014 (excepting investment into Elga Coal Complex).
08 August 2014

Mechel Reports Implementing New Coal Washing Technology at Elga Coal Complex

Moscow, Russia – August 8, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports implementing a new coal washing and dewatering technology at Elga Coal Complex’s seasonal washing plant. Investment in this project totaled some two million US dollars.
07 August 2014

Mechel Reports Mining Million Tonnes of Coal at Elga Deposit

Moscow, Russia – August 7, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports having mined a millionth tonne of coal since operations began at the Elginsky open pit.
05 August 2014

Mechel Reports 1H2014 Operational Results

Moscow, Russia – August 5, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 1H2014 operational results.
31 July 2014

Mechel Reports Supplying Ulak-Elga Railway with Chelyabinsk Metallurgical Plant’s Rails

Chelyabinsk – July 31, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports supplying a batch of R65 rails produced by Chelyabinsk Metallurgical Plant for expanding the carrying capacity of its 321-kilometer Ulak-Elga railway which provides railway access to the Elga coking coal deposit.
29 July 2014

Mechel Reports Obtaining SGS Certificate for Elga Deposit’s Coking Coal

Moscow, Russia – July 29, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that the leading inspection, verification, testing and certification company SGS confirmed the high quality of the Elga deposit’s coking coal.
28 July 2014

Mechel, GS Global Sign Agreement for Annual Supply of 2.8 Million Tonnes of Coal

Singapore — July 28, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports signing a cooperation memorandum with South Korea’s GS Global corporation, which provides for supplies of up to 2.8 million tonnes of steam coal.
22 July 2014

Mechel Reports Record Results for Coal Supplies to Asia Pacific

Moscow, Russia — July 22, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports reaching record results in supplying coal to Asia Pacific in the first half of this year.
21 July 2014

Mechel Reports Shipping Rail Batch for Russian Railways Certification

Chelyabinsk, Russia – July 21, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the beginning of the certification process for its 100-meter rails intended for general use, produced at Chelyabinsk Metallurgical Plant’s universal rolling mill.
17 July 2014

Mechel Reports Reorganizing The Company

Moscow, Russia — July 17, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports liquidating the Group’s ferroalloy division due to successful asset sales as part of the company’s strategy.
15 July 2014

Mechel Reports Signing Deals with VTB on Refinancing Part of Mechel’s Debt

Moscow, Russia – July 15, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports extending the maturity of the loans granted by VTB Bank earlier to Southern Kuzbass Coal Company OAO and Yakutugol Holding Company OAO, totaling 15.8 billion rubles.
30 June 2014

Mechel Announces Results of Its Annual General Shareholders’ Meeting

Moscow, Russia — June 30, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that its Annual General Shareholders’ Meeting was held today.
17 June 2014

Mechel Reports Consolidation of Group’s Shipping within Mecheltrans OOO

Moscow, Russia — June 17, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports consolidating shipments of the Group’s products within its subsidiary Mecheltrans. This will enable the company to cut overall transport costs, improve the logistics of shipments both by its own and outsourced wagons. This will create additional opportunities for increasing revenue from product sales for the Group’s enterprises.
10 June 2014

Mechel Reports Visit of Russia’s Minister for Development of Far East to Mechel Facilities in Far East Federal Region

Moscow, Russia — June 10, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that Russia’s Minister for Development of the Far East Alexander Galushka visited the company’s production facilities on the territory of Russia’s Far East Federal Region as part of his work tour of the Far East ports and infrastructure objects.
23 May 2014

Mechel Reports Board of Directors’ Decision

Moscow, Russia – May 23, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces its Board’s dividend recommendation.
19 May 2014

Mechel Announces Change in Management

Moscow, Russia — May 19, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the appointment of Andrey Slivchenko as the new Chief Financial Officer of Mechel OAO, replacing Stanislav Ploschenko.