Mechel Interested in Tuva Coal

   Press-service of the Tuva Government
25 May 2007

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Possible participation of 'Mechel', one of the biggest coal mining and metallurgy companies in Russia, in the construction of the combine on concentration and processing of Tuva coal was discussed in Moscow at the meeting of the company's management with Chairman of Tuva's government Sholban Kara-ool.

Tuva's reserves of coal are estimated at up to 20 billion tons.

The project to construct a railway branch Kyzyl-Kuragino in connection with the development of the mineral-resource base of the republic, which will be finacially supported from the state fund has drawn the interest of new investors to the development of Tuva's coal deposits.

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