The Ukrainian Metal

Russia: Evraz retains control over Sibuglemet

Evraz has won the VEB competition to manage Sibuglemet.

According to the sources, the new management contract was concluded on “the same conditions” (Evraz has been managing the asset since 2015), but details were not disclosed.

Sibuglemet capacity is 5 million tons of coking coal per year. Its reserves are estimated at 300 million tons. (Ukrainian metal)

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