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31.01.2013 En+ to sell its share in Vanino


According to press releases, Mechel has agreed upon purchasing 28.12 per cent in Vanino seaport from En+ for 5 bn roubles, with Mechel providing guarantees to reload aluminum and argil at the seaport.

Neither En+ nor Mechel have issued any formal comments yet.

Last year, Mechel’s subsidiary won the auction for the governmental share of 55 per cent in Vanino for 15.1 bn roubles.

Then Mechel announced reselling greater part of the share to other members of the consortium that had backed up Mechel’s bid.


Source:   metcoal.ru