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Mechel applied for state support of the Elginsky deposit
By mid-May of this year, Mechel will provide a plan restructuring of debts for obtaining state guarantees for the development of the Elga coal deposit in YakutiaAccording to the press service of the Ministry of East Development.
The other day a meeting was held under the leadership of the First Deputy Minister for the Development of the Far East, Alexander Osipov, and the head of Yakutia Yegor Borisov, the topic of which was the question of possible state support of the investment project for the development Elga field.
The company is now making repayment schedules. debt in front of creditors. Until mid-May, a debt restructuring plan will be submitted, the report says.
According to Osipov, the decision to support this investment project will be made based on the results of negotiations between Mechel and banks. If the issue of debt restructuring is resolved positively, one can count on the project being submitted to a subcommittee.