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16 Nov
13:28

ELSI sells Siberian division, focuses on output increase

Elga Coal and Sibanthracite Group (ELSI), part of Russia’s A-Property, has decided to sell the units of its Siberian division to Bashkir Industrial Holding in order to concentrate all resources on the development of the Elga Coal Complex (EUC), Kallanish notes. According to ELSI, the restructuring will allow the company to concentrate on the development of EUC, and, in particular, its own logistics capacities. “Coal production and processing at t…
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