metcoal.ru - Raspadskaya declines Mechel`s offer

NEWS

11.05.2011

Raspadskaya declines Mechel`s offer

Mechel, formerly the most likely bidder for 80 per cent of Raspadskaya stock, failed to negotiate the price with the mine`s owners.

Several major companies, both international, like Rio Tinto, BHP Billiton, ArcelorMittal, and Russian, including MMK (Magnitogorsk), NLMK (Lipetsk), Metalloinvest, Severstal` remain among the bidders, along with some Chinese and CIS corporations.

Theme: Property/Coal/Kuzbass

Source: metcoal.ru

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