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We are interested in modernizing the BAM
- From the strategic point of view of BAM for us - a transport artery that provides the delivery of export cargoes to the Far Eastern ports for dispatch to consumers in the Asia-Pacific region.
Our biggest cargo in the BAM zone is coal mined from the Neryungri mine in South Yakutia. We also carry coal from the fields of Southern Kuzbass. In the 2013 year, it was transported around BAM about 7,5 million tons. Our other mass cargo is iron ore coming from the Korshunovsky GOK in the Irkutsk Region. Last year, the volume reached 1,2 million tons.
In addition, the rails were laid to one of the richest coal deposits, Elginsky. This is a unique situation for Russian business, when a transport project of this magnitude is executed by a private company. Over five years, Mechel’s own investments in the development of the Elga deposit in South Yakutia amounted to about $ 2,4 billion, with the lion’s share of these funds spent on the construction of the access railway line. Its length - 321 kilometer, by the way, is slightly less than the entire Moscow metro. Today, the Ulak-Elga line is integrated into the BAM structure. In fact, a new section of the highway, ready for year-round operation, has been built. It is pleasant that Russian Railways highly appreciates the contribution of Mechel to the development of transport infrastructure at the Eastern Polygon. At present, the railway workers are reconstructing the Ulak station, expanding its possibilities for receiving and servicing freight trains.