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16.11.2011 Mechel to invest $5 bn+ by 2015 in mining


Investments into Korshunovskiy mining complex may total $412 m, into Bluestone — $285 m, into Yuzhnyy Kuzbass — $1.5 bn, into Yakutugol’ — c $3.3 bn.

Korshunovskiy`s enterprises currently produce c 12 m t of iron ore and sell 4+ m t of iron-ore concentrate annually, planning to preserve the scale thru 2015.


Source:   metcoal.ru