The Ukrainian Metal

Russia: Mechel and Gazprombank not to find investor for Elga in 2018

Mechel and Gazprombank are negotiating the attraction of investors to the Elginskoye deposits (Elga), but do not expect to find any this year.

The share of Mechel in the project is 51%, and Gazprombank – 49%.

Main negotiations are carried out with companies interested in supplying coal to their enterprises in South-East Asia. (Ukrainian metal)

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