Rus News Journal

In Open Society “ a Mechel “ have brought positive results of summit ATES

Open Society “ a Mechel “ within the limits of summit ATES has carried on effective negotiations on deliveries of coal from the Elginsky deposit and has signed a number of agreements which can improve perception of papers of the company in the market, mark in investment company UFS IC.
In particular, the contract on cooperation in the field of deliveries of coal production with " has been signed; East Russian Open Society ES “ which initially was meant as the basic consumer of the power coals extracted within the limits of the project.
at positive results of testing of a trial lot of Russian Open Society ES of the East can buy 1 million tons of coal with Elgi in 2013γ., 2 million tons in 2014γ., 3 million tons - in 2015γ. And to 5 million tons in 2016 - 2028γγ.
Making comments on prospects of the given agreement, analyst UFS IC Pavel Vasiliadi has noted: “ We consider that the agreement on potential purchases with the registered volumes essentially increasing in the nearest years creates positive image round carried out “ a Mechel “ the project “.
Meanwhile other important agreement has been concluded from one of the largest South Korean corporations STX, specialising in sphere of shipbuilding, building, sea transportations and power.
the parties intend to carry out cooperation on a long basis concerning advancement of production made by the enterprises “ a Mechel “ both company STX, and realisations of possible joint projects. In particular, cooperation in sphere of deliveries of coal production, joint participation in projects of development of ports and port terminals in the Far East Russia, and also interactions in questions of sea transportations is provided.
also “ a Mechel “ Has discussed building of infrastructural projects on territories of the Elginsky complex and possible deliveries of coal with the Korean group Posco.
it is necessary to notice that “ a Mechel “ has enclosed many means in the project of the Elginsky deposit, and it is actually ready for operation - the first coal on a deposit is extracted last year, the basic objects of an infrastructure are constructed.
an Elginsky deposit - one of the largest deposits of coked coal with stocks of the marks claimed in the world market in volume 2,2 mlrd tons under standards JORC.