Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Mechel Reports Suspension Of Southern Kuzbass Coal's Olzherassk Underground Mine

RELATED NEWS
Trade MTL now with 

Mechel OAO (MTL: Quote) announced that coal mining at Southern Kuzbass Coal Company OAO's New-Olzherassk Underground mine's long wall face # 21-1-7 has been temporarily halted due to coal self-heating.

The company stated that High levels of carbon monoxide were registered in New-Olzherassk Underground mine's long wall face # 21-1-7, which is proof of coal self-heating. Mining operations are currently suspended.

The mine infrastructure, including its transport, ventilation system, dewatering, power facilities and roadheaders, is in working condition and safe, the company said.

The company stated that the timing for resumption of mining will be determined once the project for eliminating self-heating is completed.

The company stated that the suspension of the mine will not cause delay in coal deliveries to customers since there is enough coal at the New-Olzherassk Underground mine warehouse to ensure uninterrupted deliveries within the company's existing contractual obligations.

Click here to receive FREE breaking news email alerts for Mechel OAO and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Swiss drug maker Roche Holding said a late-stage trial of its breast cancer drug Kadcyla did not provide superior results compared with an existing therapy. FCA US, until recently known as Chrysler, said Friday it is recalling 257,000 Dodge Ram pickups. The auto maker says the rear axle pinion nut on certain model year 2005 Dodge Ram 1500 trucks may loosen due to an undersized spline on the pinion gear. If the pinion nut loosens, the rear axle may... This medical device company has a very impressive track record of growing business over the past decade. increasing sales from $490.2 million in 2004 to $1.72 billion this year. The Silicone Hydrogel daily disposable lens portfolio constitutes a major avenue for growth.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.