<div>UPDATE 2-Russia's Mechel keeps options open on Elga coal mine stake</div> <!-- no image --> <div>Russian steel and coal producer Mechel said it did not take up an option to buy back a stake in its Elga coal mine by a deadline on Monday as it had received an alternative offer.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=9rUS5HYYK2I:TNIdwCCXXng:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=9rUS5HYYK2I:TNIdwCCXXng:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=9rUS5HYYK2I:TNIdwCCXXng:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=9rUS5HYYK2I:TNIdwCCXXng:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=9rUS5HYYK2I:TNIdwCCXXng:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/9rUS5HYYK2I" height="1" width="1" alt=""></div> Posted by Reuters