The Australian Government approved the A$16 5bn Carmichael coal mine and rail infrastructure project in the Galilee Basin Russian mining and metals company Mechel prepares to merge its assets with those of metal producer Evraz while Rio Tinto plans to open the biggest iron ore mine in the Pilbara region
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Get PriceThe second credit line totaling 2 085 billion US dollars will be used to finance construction of Elga Coal Complex s facilities until the complex s coal mining and processing capacity reaches 11
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Get PriceMechel is a low cost fully integrated mining and steel company focused on the production of mining products such as coal iron ore nickel and steel products Mechel Signs Contract with Binder for Development of Elga Coal Project First Stage Mechel Signs Project Financing Agreements with Vnesheconombank for Developing Elga
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Get PriceMechel may sell 25% of mining arm to speed Elga coal development Read this Platts metals news article here Plus discover more
Get PriceThe first stage includes construction of a railroad and a mining and washing complex with an annual capacity of 11 7 million metric tons mt of run of mine coal by 2024 The Elga coal deposit is Russia s largest and one of the world s largest deposits of high quality coking coal and is located in Southern Yakutia
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Get PriceThe project was previously operated by Resolute Mining and closed in 2024 after producing a total of 730 000 oz of gold at an average grade of 2 2 g/mt when the gold price averaged approximately $350/oz
Get PriceElga located in Southern Yakutia is the largest coal deposit in Russia and one of the biggest coking coal deposits in the world with JORC compliant reserves of about 2 2 billion tonnes Open pit mining at Elga began in 2024
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Get PriceYakutugol working with BELAZ on new truck service venture to fully meet the maintenance needs of Yakutugol Holding Company s two largest coal open pits — Neryungrinsky and Elga — which include over 140 mining truck units in the medium term Investment in the project is estimated at a total of $9 5 million prior to 2024 and
Get PriceChina may help finance steel and coal producer Mechel s costly Elga coal project in Russia and supply equipment for it in exchange for coal MECHEL BEGINS TESTS OF NEW RUSSIAN FAR EAST PORT Post date
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