Evraz offered RUB950 million ($32 million) in the tender held by the Russian Mineral Resources Agency. The license is expected to be received within two months. The Mezhegey coal deposit is located 800 km east of the city of Novokuznetsk, in the central part of the Republic of Tyva, East Siberia. It is a world class coking coal deposit with estimated category A+B+C1 reserves of 213.5 million metric tons of hard coking coal.
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