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We are interested in modernizing the BAM

We are interested in modernizing the BAM

Alexey Lebedev, CEO of Mechel-Trans Management Company:

- From the strategic point of view of BAM for us - a transport artery that provides the delivery of export cargoes to the Far Eastern ports for dispatch to consumers in the Asia-Pacific region.

Last year, we transported about 9 million tons of cargo along the Baikal-Amur Mainline. This is 20% of the total turnover of Mechel. For comparison: in 2011 year with comparable volumes was 13%. The dynamics of growth is evident.

Our biggest cargo in the BAM zone is coal mined from the Neryungri mine in South Yakutia. We also carry coal from the fields of Southern Kuzbass. In the 2013 year, it was transported around BAM about 7,5 million tons. Our other mass cargo is iron ore coming from the Korshunovsky GOK in the Irkutsk Region. Last year, the volume reached 1,2 million tons.

In addition, rails were laid to one of the richest coal deposits - Elginsky. This is a unique situation for Russian business when a transport project of this magnitude is carried out by a private company. For five years, Mechel's own investments in the development of the Elga field in South Yakutia amounted to about $ 2,4 billion, and the lion's share of these funds went to the construction of an access railway. Its length is 321 kilometers, by the way, slightly less than the entire Moscow metro. Today the Ulak - Elga line is integrated into the BAM structure. In fact, a new section of the highway has been built, ready for year-round operation. It is gratifying that Russian Railways OJSC highly appreciates Mechel's contribution to the development of transport infrastructure at the Eastern Range. At the moment, railway workers are reconstructing Ulak station, expanding its capabilities to receive and service freight trains.

The territory adjacent to BAM harbors dozens of mineral deposits. Their overall industrial potential is colossal. But infrastructure constraints do not allow large companies to seriously increase export sales. Therefore, increasing the capacity of BAM, the elimination of the so-called "barrier sites" - the requirement of time. This will give additional impetus to the Russian economy. 

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