EVRAZ hopes to sell Yubileinaya coal mine this quarter

EVRAZ hopes to sell the Yubileinaya coal mine, operated by its subsidiary Yuzhkuzbassugol, in the first quarter of this year, a source from the company said.

The Yubileinaya mine, which survived a deadly methanol explosion in 2007, will be sold to TopProm, which has already received antitrust clearance for the transaction.

Source: Prime is a national Russian news agency for business and economic news that covers information from public offices, banks and companies.

Source (Russian): PRIME via Brightwire News.