A permit to develop the deposit cost 950 m roubles, and the company expects to obtain the permit in a fortnight.
In 2008, the deposit had been auctioned, Evraz’s Yuzhkuzbassugol’ becoming the winner with its 200 m roubles bid, but the company canceled the deal due to the decrease in demand induced by the world crisis.
Mezhegeyskoye is a 70 sq km deposit of coking coals situated in Tandinskiy District, 40 km from Kyzyl. Its balance reserves consist of 247.9 m t of coal, 215.3 m t of coking coal included, geological factor being propitious for underground mining.