Projects of Mechel
The Company plans to overhaul the existing cargo handling complex at the Port Posiet to boost cargo volumes to 7 million tonnes of loads a year.
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Russian mining and metals company JSC Mechel announced that it has completed construction of the railway from the Ulak rail yard to Elginskoye coal deposit. The deposit is being developed by JSC HC Yakutugol, part of JSC Mechel Mining. During the construction there were 321 kilometers laid and 76 bridges built, the company report said.
Since now, coal-laden trains will have direct access from the Ulak station of the Baikal-Amur Mainline (BAM) to Elginskoye coal deposit. Total investment in the project amounted to about RUB 40 billion ($1.25 bn).
Mechel embarked on the Ulak-Elginskoye railway project in February 2008. The railroad construction General Contractor was CJSC MetallurgShakhtSpetstroy, a subsidiary of Mechel Mining.
Coal production in Elginskoye open-pit mine began in August 2011 and by the end of the year had reached 200,000 tonnes.
"Completion of the railway is one of the most complicated and important stages in the unique Elginskoye coal deposit development project. The Elginskoye is one of the world's largest deposits of coking coal. The launch of through passage to the Elginskoye coal complex in 2012 will greatly facilitate the cargo delivery necessary for building up production in Elga, and to deliver coal shipments by railroad," said the Chairman of the Board of Directors of JSC Mechel Igor Zyuzin .
Mechel is one of the leading Russian companies with its focus on mining, steel, ferroalloy and power. Mechel unites producers of coal, iron ore, nickel, chrome, ferrosilicon, steel, rolled products of high conversion, heat and electric power. Mechel products are sold in domestic and overseas markets.
