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10 Sep
14:24

Mechel eyes iron ore self-sufficiency with new deposit

Miner and steelmaker Mechel has confirmed design estimates and approvals for the development of the Sivaglinskoye iron ore deposit in the Far East. Until the end of 2022, about RUB 2 billion ($27 million) will be allocated for the implementation of this project, Kallanish notes. The deposit will be mined by open pit mining. The Sivaglinskoye iron ore deposit is located 135km north of Neryungri and 8km from the Pionerskoye iron ore deposit, also belonging to …
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