March 01, 2015 3:11 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Mechel Bluestone Inc.

Company Overview

Mechel Bluestone Inc. offers coal mining services for the steel industry. The company was founded in 2009 and is based in Beckley, West Virginia. Mechel Bluestone Inc. operates as a former subsidiary of Mechel OAO.

100 Cranberry Creek Drive

P.O. Box 1085

Beckley, WV 25801

United States

Founded in 2009



Key Executives for Mechel Bluestone Inc.

Chief Executive Officer and Chief Operating Officer
Compensation as of Fiscal Year 2014.

Mechel Bluestone Inc. Key Developments

Mechel Seeks To Sell Mechel Bluestone

Mechel OAO (NYSE:MTL) hires JPMorgan Chase & Co. (NYSE:JPM) to sell Mechel Bluestone Inc. “We have hired JP Morgan to assess our strategic possibilities concerning Bluestone. Cooperation and working with another North American producer could be another possibility,” the spokesperson said. Mechel is selling assets to generate cash to pay off its debts, plans to initiate the active phase of preparations for selling its North American coal asset Bluestone in October or November, a source in banking circles told Interfax.

Mechel Hires JP Morgan To Sell Mechel Bluestone - Reports

Mechel OAO (NYSE:MTL) has reportedly hired JP Morgan to sell Mechel Bluestone Inc., sources familiar with the matter said. JP Morgan and Mechel declined to comment.

Mechel Bluestone Announces Executive Changes

Mechel OAO has named a former Charleston attorney the new chief executive officer for its Mechel Bluestone subsidiary in West Virginia. The company announced that Stephen Douglas Williams will replace Tom Lusk. Williams has been chief operating officer since January. Before that, Williams had worked as chief operating officer at Natural Resources International and INR Energy.

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