Mechel Will Aid Flood Victims in Russia's Amur Region
OREANDA-NEWS. Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports its decision to offer free aid to flood victims in Russia's Amur Region.
Following a major flood which destroyed numerous residential homes, private gardens and farms, as well as road, communal and social infrastructure, Mechel will send to the affected populace 10,000 tonnes of coal (142 wagons) from its Elga deposit in the Republic of Sakha (Yakutia).
In a letter to Amur Region's Governor Oleg Kozhemyako, Chairman of Mechel OAO's Board of Directors Igor Zyuzin reported the company's decision and offered words of sincere support to the flood victims both personally and on behalf of Mechel OAO's entire team.
Apart from the free coal supplies, the Company also announced a fundraiser among Mechel's employees to aid flood victims.
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