A delegation from MBC Corporation to take part in Mining and Asia Focus 2010, a major industrial investment conference to be held in Shanghai from May 11 to 14, 2010

MBC Corporation’s Deputy General Director S.N. Garichev and Deputy Technical Director A.V. Perfiliev are planning to hold a series of meetings with major Chinese steel companies that are potential buyers of coal from the Ozerny Mining and Processing Plant. Talks are also to be held with potential suppliers of mining and processing equipment and infrastructure elements.

An important part of MBC Corporation’s business program in Shanghai will be a speech by S.N. Garichev on May 12 at 16.30 in which he will present the draft project for the construction of the Ozerny Mining and Processing plant.

This year, the event’s organizers expect that the conference will bring together mining industry professionals from the entire Asia-Pacific region, including Russia, Kazakhstan, India, Australia, Indonesia and Vietnam.

The market of Russia’s southern neighbor is of particular importance for the development of the Ozerny deposit. During the first phase, the company plans to supply about half the zinc and lead concentrate produced at the plant to China. Attracting investors from China (along with investments from other countries) to the development of the deposit is one of the most important tasks the MBC Corporation is facing. We remind you that a working meeting was held in Moscow last March between S.N. Garichev, the company’s Deputy CEO, and Zhang Guobao, Vice Chairman of China’s National Development Commission and Head of the country’s Energy Office. Among other things on the agenda was the investment project for the development of the Ozerny deposit and construction of the ore dressing plant on the site.

For more information, visit the website of the Mining and Asia Focus 2010 conference here>>.