Mechel PAO (MTL)

[I-Man]

“We have toured Mechel’s production facilities. Certainly, the company has extensive plans for implementing environment protection technologies, and some facilities have already been built and launched. You know, we have 12 cities listed as those that need their environment situation improved, which is linked primarily to waste emissions. This work is in store for us. I must say that businesses, including Mechel, understand their responsibilities. No one is trying to stay away and claim they have no opportunity to do this,” Russia’s Natural Resources and Ecology Minister Dmitry Kobylkin noted.

“Today Mechel is implementing major projects aimed at minimizing our impact on the environment in Chelyabinsk Region. Our company is the first to have launched an independent ecological audit whose results will be presented for public discussion and then added to our upgrade program. We are fully open for cooperation and interaction where ecological projects are concerned,” Mechel PAO’s Chief Executive Officer Oleg Korzhov said.