Moscow, Russia – December 26, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that Trade Port Posiet’s annual cargo volume has reached 5 million tonnes of coal products by December 25. This is the best result in the port’s history.

The shipment including the 5-millionth tonne of coal was expedited to People’s Republic of China.

This record was made possible by the launch of the trial run of a specialized coal terminal in the first quarter of 2014. Coal is mostly unloaded by two wagon dumpers, which doubles the transshipment speed. In 2015 the port will reach the capacity of 7 million tonnes of coal.

Considering the port infrastructure’s future upgrading, which includes construction of a sea terminal and an approach channel for Panamax-type vessels with cargo capacity of up to 60,000 tonnes, Trade Port Posiet’s turnover is planned to reach 12 million tonnes of coal in the mid-term.

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Mechel OAO

Ekaterina Videman

Phone: +7 495 221-88-88

ekaterina.videman@mechel.com