MOSCOW, March 2 (Reuters) - Russian steel producer Evraz HK1q.L has won back the licence to the Mezhegei coal field in Russia's Tuva Republic via a 950 million rouble ($31.70 million) bid at a government auction, a source told Reuters on Tuesday.
Evraz, part-owned by billionaire Roman Abramovich, bid $725 million for the field two years ago, but the licence lapsed after the company failed to develop the field.
In 2008, Evraz said annual output at the field could reach 10 million tonnes of raw coking coal.
Reporting by Polina Devitt, writing by Alfred Kueppers
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