Korshunov Mining Plant

Press releases

Mechel Announces Starting New Production at Korshunov Mining Plant

Zheleznogorsk-Ilimsky, Russia – June 24, 2009 – Mechel OAO (NYSE: MTL),one of the leading mining and metals companies, announces starting production for repair of type 2 BC-105 dump cars at its Korshunov Mining Plant OAO subsidiary and obtaining a permit for the repaired dump cars to be used at railways of Russia.

Mechel Announces Changes to Mechel Mining OAO Management

Moscow, Russia – February 13, 2009 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces changes to management of Mechel Mining OAO, its mining subsidiary.

Mechel Announces Intention to Acquire Shares of Southern Kuzbass OAO, Korshunov Mining Plant OAO and Southern Urals Nickel Plant OAO From Minority Shareholders

Moscow, Russia – June 20, 2008 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces its intention to acquire remaining shares of Southern Kuzbass OAO, Korshunov Mining Plant OAO and Southern Urals Nickel Plant OAO from minority owners of these subsidiaries.

Mechel Announces Appointment of New Managing Director at Its Korshunov Mining Plant Subsidiary

Zheleznogorsk-Ilimskiy, Russia – December 3, 2007 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that its executive entity, Mechel Management OOO, passed a resolution to appoint Yuriy Efimenko as Managing Director at its Korshunov Mining Plant OAO subsidiary.

Mechel Announces Receipt of New Equipment at Its Korshunov Mining Plant OAO Subsidiary

Zheleznogorsk-Ilimskiy, Russia – November 13, 2007 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that its iron ore mining subsidiary, Korshunov Mining Plant OAO, received new high-tech equipment including a bridge grabbing transshipment crane for its concentration plant and a Liebherr excavator for its Rudnogorsk mine.

Mechel Announces Milestone As Its Korshunov Mining Plant Reaches Production оf 200 Million Tonnes оf Iron Ore Concentrate

Zheleznogorsk-Ilimskiy, Russia – August 30, 2007 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that its mining subsidiary, Korshunov Mining Plant OAO, has reached a milestone with the production of 200 million tonnes of iron ore concentrate since the plant’s foundation.

Mechel optimizes its capex program, increasing focus on mining; Mechel announces an increase in dividend policy

Moscow, Russia — March 7, 2006 — Mechel OAO (NYSE: MTL) announces that, following an internal review process, it has optimized its capital expenditure program, allocating substantial additional funds for the continuing development and expansion of its mining segment. This rebalancing reflects Mechel’s overall strategy of seeking strong growth in its mining segment, both through organic growth as well as acquisitions.