Mechel wins additional coking coal license areas
Kemerovo, Russia – June 24, 2005 – Southern Kuzbass Coal Company, a subsidiary of Mechel, has won auctions for the right to explore and mine coking coal at three plots with total reserves of 888 million tonnes, according to Russian reserve valuation standards.
Mechel reports the shutdown of a blast furnace at Chelyabinsk Metallurgical Plant
Moscow, Russia – June 7, 2005 – Mechel OAO (NYSE: MTL) reports the shutdown of an obsolete blast furnace at its leading steel enterprise – Chelyabinsk Metallurgical Plant OAO.
Mechel announces the temporary appointment of Vladimir Iorich as General Director of Chelyabinsk Metallurgical Plant
Moscow, Russia — June 7, 2005 — The Board of Directors of Chelyabinsk Metallurgical Plant OAO resolved to temporarily appoint Mr. Vladimir Iorich General Director of the plant. Vladimir Iorich will also continue to serve as Chief Executive Officer of Mechel OAO (NYSE: MTL).
Mechel’s Board recommends dividend amount
Moscow, Russia — May 31, 2005 — Mechel OAO (NYSE: MTL), a leading integrated Russian mining and metals producer, announces its board’s dividend recommendation.
Mechel reports its operational results for the first quarter of 2005
Moscow, Russia – May 18, 2005 – Mechel OAO (NYSE: MTL) increased output of its core products in 1Q2005 as compared to the same period last year. Significant growth was achieved in the production of coal and rolled products, with output increasing by 12.8% and 19.7%, respectively.
Mechel announces acquisition of Port Kambarka OAO
Izhevsk, Russia – April 27, 2005 – Mechel OAO (NYSE:MTL) announces the acquisition of a 90.36% stake in Kambarka Port OAO.
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