Russian mining and steel group Mechel has announced a temporary halt of operations at some mining facilities at Mechel Bluestone in West Virginia, US, which is part of the group's mining division.
Due to accumulated inventories of coal, Mechel has decided to temporarily suspend mining at some facilities of Mechel Bluestone's mining complexes, namely, Keystone, Justice Energy and Dynamic Energy. The Frontier mine in Wyoming County, which is part of Dynamic Energy, as well as the K-2, Red Fox and Coal Mountain washing plants, will continue operating.
Taking into account current contracts, as well as inventories of 650,000 mt of raw coal and 345,000 mt of finished product, operations at the suspended facilities are expected to resume within two to three months. All obligations under pre-existing contracts will be met.