Mechel Holds Working Meeting at Its Yakutugol OAO Coal Mining Subsidiary (PR Newswire)

Friday October 10, 9:12 am ET NERYUNGRI, Russia, October 10 /PRNewswire/ -- Mechel OAO (NYSE: MTL - News ), one of the leading Russian mining and metals companies, announces that a working meeting was held at its Yakutugol OAO coal mining subsidiary on October 8, 2008. Participants in the meeting were the Republic of Sakha (Yakutia) President, Vyacheslav Shtyrov, as well as representatives of Mechel's subsidiaries, Mechel Mining and Yakutugol OAO, and Transstroy Engineering Corporation. The purpose of the meeting was to discuss matters related to construction of the railway spur track to the Elga coal deposit. At the meeting the Yakutia Branch Director of Transstroy Engineering Corporation, Mr. Alexander Dudnikov, made a detailed report on the progress of the access road and the railroad bed construction. Mechel Mining OAO... [read full story]