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Metinvest-backed united coal plans $350 million investment to expand coal mining in Eastern U.S.

Marketwire | June 9, 2011 | 10:19 pm Energy Europe Coal Iron Ore

United Coal Company (Blountville, Tennessee), a subsidiary of Ukrainian integrated mining and steel holding company Metinvest Holding LLC (Donetsk, Ukraine), is developing $350 million in coal mine projects in the eastern U.S. United Coal plans to add at least 4 million tons per year of coal mining capacity for use at U.S. locations and for export to Metinvest’s steel mills in Europe and Ukraine.