Leading Russian mining and metals company Mechel PAO announced the development of design estimates and approvals for the development of the Sivaglinskoye iron ore deposit. Until the end of 2022, about 2 billion rubles will be allocated for the implementation of this project. The deposit will be mined in an open pit. The Sivaglinskoye iron ore deposit is located 135 kilometers north of the city of Neryungri and 9 kilometers from the railway line adjacent to the Baikal-Amur Mainline. A 110 kV power transmission line from the Neryungrinskaya SDPP runs 3 kilometers from the field. At a distance of 8 kilometers is the Pionerskoye iron ore deposit, which Mechel also holds a license to mine, which in the long term will make it possible to create a single enterprise.The area of the Sivaglinskoye deposit is 2.2 square kilometers, the reserves for opencast mining are 21 million tonnes of ore, the average iron content is 48.6-53.3%. During its development, among other things, it is planned to use the material and technical base of the Yakutugol holding company, which is part of the Mechel Group.At present, exploration work has been completed with a total cost of RUB 385 million. Industrial tests for the processing of ore from the Sivaglinsky deposit at the Chelyabinsk Metallurgical Plant have been successfully completed. Procurement procedures are underway to purchase the necessary mining and transport equipment. It is planned to start pilot production of the Sivaglinskoye deposit in the 4th quarter of 2022, the production volume by the end of 2022 is expected to be at the level of 300-400 thousand tonnes of blast-furnace and sinter ores. From 2023, annual production will be about 1 million tonnes, and with the commissioning of the Pionerskoye deposit, the total production capacity will reach 3.5 million tonnes of ore.