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Mechel is ready to part with the Elginskoye field in Yakutia
Mining and metallurgical company Mechel Igor Zyuzin may sell the Elginskoye field in Yakutia this year. It will go to pay off debts.
As reported "Vedomosti" With reference to the sources, Rostec, Vostokugol or Koulstar can take up the project. The interlocutors do not name the sum of the future transaction. Lenders of Mechel began to look for candidates for the shares of the company and Gazprombank in Elga at the beginning of this year.
The Elga deposit in Yakutia is the largest investment project of Mechel. The company has already invested more than 100 billion rubles into the development of the field. It was planned that the project should reach its full capacity by 2027.
At the end of last year, Mechel and Gazprombank counted attract investor in the development of Elga. Then even the Chinese metallurgical companies were considered.