Severstal to continue development of field in Tyva despite low coal price

Severstal will continue development of the Tsentralny site in the western part of the Ulug-Khem coal basin in Tyva, the company’s deputy general director for finance and economy Alexei Kulichenko reported to journalists.

"For w while, nothing special is happening at the project, only geological exploration is carried out. At the same time we don’t violate the terms of the license agreement and plan to continue the development of the field," - said Kulichenko during th conference call.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer