Mechel Puts Multibillion-Dollar Assets Up for Sale

Moscow Times 27 September 2012 Coal and steel conglomerate Mechel announced it will sell its assets in eastern Europe and some Russian holdings and might also sell a 25 percent interest in its mining division, Mechel Mining. Mechel expects to raise $1.5 billion to $2...

Russia’s Mechel may sell Siberian deposit stake-sources

Reuters 14 September 2012 Russia’s New-York-listed steel and coal miner Mechel is looking to sell a 25 percent stake in its East Siberian Elga coal deposit to South-East Asian investors, two sources familiar with the discussions said on Friday. Mechel bought...