Press Releases
Mechel Announces Creation of Joint Venture Mechel Somani Carbon Private Limited, India
Moscow, Russia — September 6, 2011 — Mechel OAO (NYSE: MTL), 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 Announces Elga First Results
Nerungri, Russia – September 6, 2011 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the first results of mining in Yakutugol Holding Company OAO’s Elga Coal Complex.
Mechel Announces Implementation of Summer Holiday Program for Children of Group’s Employees
Moscow, Russia – August 31, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, continues the tradition of providing corporate recreation for children of the Group’s employees.
Mechel Announces Key Accomplishments at Yakutugol and Its Subsidiary Elga Coal Complex
Neryungri, Sakha Republic (Yakutia), Russia – August 29, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces reaching full production capacity at the Nerungrinskaya processing plant of Yakutugol Holding Company OAO and gives an update on the construction of Elga Coal Complex.
Mechel Reports Completion of First Stage of Reconstruction of Oxygen Converter Shop in Chelyabinsk Metallurgical Plant
Chelyabinsk, Russia – August 23, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the launch of the new converter # 2 in Chelyabinsk Metallurgical Plant’s oxygen-converter shop.
Mechel Reports 1H 2011 Operational Results
Moscow, Russia – August 10, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 1H 2011 operational results.
Mechel Announces JORC Summary of Ore Reserves and Resources
Moscow, Russia – August 8, 2011 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces a JORC summary of its ore reserves and mineral resources as of May 1, 2011.
Mechel Announces Financial Lease Contract for Mainline Diesel Locomotives
Moscow, Russia – August 5, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the signing of a three-party contract between Mecheltrans Vostok OOO, Sinara-Transport Machines OAO, and VTB Leasing OAO for development, production and delivery of TEM-8 type locomotives.
Mechel Announces Appointment of Mechel-Energo OOO Chief Executive Officer
Moscow, Russia – August 4, 2011 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the appointment of Anatoly Merzlyakov as the new Chief Executive Officer of Mechel-Energo OOO. Mr. Merzlyakov replaces Sergei Zorin, who was acting chief executive officer.
Mechel Announces Payment of Dividends Based on 2010 Fiscal Year Results
Moscow, Russia – August 3, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces a dividend payment (including taxes) of 7,270,817,107.14 rubles (approximately 261.39 million US dollars*), based on the Company’s results for the 2010 fiscal year.