Mechel may sell or find a partner for a coal company Bluestone in the USA
Edited by Rhod Mackenzie / 2013-08-16 06:31:02
OJSC “Mechel” studies the possibility of selling its coal asset Mechel Bluestone (West Virginia, the USA) and also considers the possibility of the creation ofa partnership with another North American manufacturer. Mechel hired the investment bank JP Morgan for a study of the various options for Bluestone, they stated to ITAR-TASS in the press-service of Mechel.
“The company is about to focus on its strategic directions, in particular, on the development of the Elga coal deposit in Yakutia,” they stated in the press-service of Mechel.
