(EnergyAsia, May 11 2012, Friday) — Russian steel and coal mining company Mechel OAO said its 2011 consolidated net income rose 10.8% to US$727.9 million while its revenue surged 28.7% to US$US$12.5 billion.Its mining income rose 37.9% to US$2 billion while revenue climbed by a third to US$4.1 billion, helped by the company’s competitive advantages…
RUSSIA: Mining company Mechel reports 10.8% rise in net income, 28.7% rise in revenue for 2011
Posted on May 11, 2012 by EnergyAsia