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10 Jan
14:37

Equipment upgrades enable capitalising on market conditions: Mechel

Mechel invested in 2021 approximately RUB 4 billion ($53 million) into acquiring new mining equipment. The Russian miner and steelmaker says this will help reduce outages caused by repairs and boost output to cash in on favourable demand and prices. The most sweeping technical revamps and retrofits involved the Southern Kuzbass coal company, which received more than 100 new equipment units, including heavy-duty trucks, bulldozers and service equipment, Kallanish n…
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