SUGAR LAND, TX--(MARKET WIRE)--Oct 7, 2008 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Mechel OAO (MTL - News) (Moscow), one of Russia's leading mining and metals companies, plans to spend $2.1 billion on a coal mine and $350 million on a nickel plant in Russia, and $500 million in a nickel mine and smelter in Kazakhstan.

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