Mechel claims for state support

As the Forbes has got to know, President Vladimir Putin instructed officials to study perspectives of the Elga coal deposit.

Elga coal complex of Mechel in Yakutia can receive government support. The Russian President Vladimir Putin instructed his authorized representative in the Far East Yuri Trutnev to study this possibility, two people who heard about it at the recent government meeting reported to the Forbes. Representative of Trutnev Timur Chernyshev confirmed that "there are instructions of the President to look into the prospects of this project and to understand what is required to launch it". "In the near future, this work will be done," - he said. A representative of Mechel confirmed that the company has been engaged in dialogue with government agencies about the possibility of state involvement in the development of the Elga project infrastructure for several months, but declined to comment on the possible instruction of Putin. Putin's spokesman Dmitry Peskov said that he was not aware of the President's instruction about Elga.

This may be the inclusion of the construction of the Elga coal mining complex in the list of priority investment projects of the Far East, said one of the Forbes’ interlocutors.

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