About the company

History

1961—1962
The South Yakutsk Integrated Expedition explored for coal in the central part of the region.
As a result, a 22-m thick coal seam was discovered on the watershed of the Undytkan, Ukikit and Elga rivers, within an isolated block of the Cretaceous deposit, as well as a coal seam with a thickness of more than 3.5 m to the south in the main area of Cretaceous deposits.
1961—1966
Further research was carried out in in the north-western section of the Elga deposit.
In 1966, an order was issued by the Ministry of the Coal Industry of the USSR on the creation of the Yakutugol trust in Yakutia ‘Yakutugol’.
1968
The South Yakutsk Integrated Expedition assessed resources and coal reserves.
Estimated resources of coal seams with a thickness of more than 0.7 m were approximately 20 billion tonnes. In addition, the resources of coal seams of the Elginskaya area with a thickness of 2.0 m and higher were estimated at 2.6 billion tonnes.
1981—1982
The South Yakutsk Integrated Expedition continued exploration and discovered a large number of thick coal seams.
1981—1984
Additional studies,
including well drilling and mining, were conducted to establish the development of coal seams in the Cretaceous and Upper Jurassic deposits. This work aimed to study the Elga deposit, which was divided into northwestern and southeastern sections.
1984—1986
Research and assessment work was carried out in the north-western part of the deposit
leading to the development of a feasibility study of conditions by the Sibgiproshakht Institute in 1989.
2000
Construction of the Elga-Ulak railway line by the Ministry of Railways.
2002
SUE Yakutugol became an open joint stock company with 100% state ownership.
2005—2007
Consolidation of 100% of shares of the Yakutugol Holding Company by Mechel Group Acquisition of a license to develop the Elga deposit
pages.company.history.2005_2007Text
2011
Start of open-pit mining at the Elga deposit
2012
Launch of the preparation plant
2020
Acquisition by A-Property LLC of a 51% stake in the Elga Coal Complex and the start of a new phase of project development