Mechel Announces Holding Successful Testing of Equipment
OREANDA-NEWS. Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces holding successful tests of equipment producing coking coal concentrate at the Elga coal deposit’s seasonal washing plant (the Republic of Sakha (Yakutia)).
Adjusting and start-up procedures for the equipment for producing coking coal concentrate at Elga seasonal washing plant were completed. The plant is due to be launched at full capacity before the end of August. Production work shifts were formed in order to ensure the plant’s round-the-clock operation.
Before the end of this year’s season, the factory will process about 50,000 tonnes of raw coal. The test batch produced at the washing plant will be sent to Chelyabinsk Coke and Chemical Products Plant (Mechel Coke), which is part of the Group’s mining segment. Next year the Group plans to consider the possibility of exporting coking coal concentrate to foreign consumers.
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