Tag «Subsoil License Conditions»

Mechel Reports Review of Subsoil License Conditions for Elga Deposit

Moscow, Russia — June 24, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the Federal Subsoil Resources Management Agency approved the revised schedule for the works under the subsoil license agreement for development of the Elga coal deposit. According to the revised license conditions, the first stage …