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This joint venture will be rich, Sergei Pugachev Russia joint industrial companies to take over the companies are Japan's Mitsui OSK Lines, and China Shenhua Energy Company to sell its stake in YPK. The plan is to be approved by the Russian government meeting on the development of Siberia, chaired by Prime Minister Vladimir Putin.
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alleged that China will provide Russia with $ 6 billion of loans to develop coal greenfield projects, these funds will be invested in the development and construction of the mining area and the surrounding infrastructure.
俄罗斯耶弗 Raz Group (Evraz), Severstal and coal mining companies YPK will set up a joint venture together to complete the railway construction leading to the coal mining areas of Siberia. This railway is 412 km long, is expected to cost 130 billion rubles ($ 4.28 billion) World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor , will connect in the remote region of Tuva, Siberia the focus Elegest coal mines and the Russian rail network.
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Russian Ministry of Regional Development Minister Viktor Basargin, with estimated reserves of 1 billion tons) of investors on the Siberia Elegest coal mines (high-quality coking coal increasing, and all investors are seeking the right to use infrastructure, Therefore the creation of the joint venture is a positive meaning World Steel Pipe News . Basargin said the government has invested 49 billion rubles in the construction of this railway line, the remaining funds expected to be borne by the private investors. This railway will begin operations in 2014, the initial annual transport capacity of 15 million tons.