Operating income in the mining segment in 3Q 2012 increased by 4.0% to $200.3 million, or 21.1% of the segment's total revenue, compared to an operating income of $192.6 million, or 17.7% of total segment revenue for 2Q 2012. The 3Q 2012 adjusted EBITDA in the mining segment increased by 1.1% and amounted to $305.2 million compared to segment's adjusted EBITDA of $301.9 million in 2Q 2012. The adjusted EBITDA margin for the mining segment in 3Q 2012 was 32.2% compared to 27.7% in 2Q 2012. Depreciation, depletion and amortization in the mining segment amounted to $76.5 million which is 9.9% lower than $84.9 million in 2Q 2012.Mechel Mining OAO's Chief Operating Officer Boris Nikishichev commented on the mining segment's results:
Mechel Reports The 9M 2012 Financial Results
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