Saturday, October 17, 2009

Norilsk, BHP TO Mine Coking Coal In Russia

Norilsk Nickel plans to start mining coking coal in Russia together with BHP Billiton from 2015, a senior Norilsk official said on Friday.

The two companies would mine the Syradasai deposit in Russia's Arctic, about 100 km (63 miles) from the port of Dikson on the Kara Sea, Nikolai Matyushenko, Norilsk's deputy director for production development, told reporters.

'From 2015, we intend to mine 8 million tonnes and then to increase it to between 12 million and 15 million tonnes (a year),' Matyushenko said on the sidelines of a conference.

Source: Reuters

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