OREANDA-NEWS. September 30, 2009. Raspadskaya (RTS: RASP), one of Russia's biggest coking coal producers won an auction for the right  to  explore for and extract coal at the Raspadskaya-4 section of the Raspadsky  coal field in the Kemerovo region's Kuznetsk basin.

Raspadskaya offered 369.6 million rubles for the property following a starting price of 336 million rubles. OJSC Mezhdurechye, which is part of Sibuglemet Holding, also took part in the auction.

Raspadsky-4  is adjacent to properties licensed to three members of the Raspadskaya coal company in the Mezhdurechensk district.

Kuzbassnedra, the local division of Rosnedra, estimates the section contains  100  million tonnes of B+C1 coal (GZhO, GZh and Zh grades) and 1.5 million tonnes in marginal reserves.