metcoal.ru - Belon raises production by 20 per cent

NEWS

08.04.2011

Belon raises production by 20 per cent

In 2010, the company produced 2.96 m t of coking coal, cashing $556 m and reaching EBITDA of $270 m.

As reported earlier, in 4Q2010 Belon increased its net profit 5.3 times against 3Q2010, up to 824 m roubles (according to Russian accounting standards). The increase was made possible by extra coking coal concentrate sales.

Theme: Current situation/Coal/Kuzbass

Source: metcoal.ru

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LINKS

MMK(Belon)
   04.07.2011 MMK (Magnitogorsk) modernizes its machinery
   28.06.2011 Coal prices ascending no more
   30.05.2011 MMK to invest 1+ bn roubles into construction of raw coal depot
   25.05.2011 MMK (Magnitogorsk) sells Resurs Ugol’
   04.05.2011 Federal Antimonopoly Service approves Resurs Ugol` acquisition by...
   02.05.2011 Belon`s net profit rises
   25.04.2011 Title: Know-how for Kostromovskaya mine
   12.04.2011 Domestic coking coal price up by 11 per cent
   28.03.2011 MMK (Magnitogorsk) sells Belon’s energy assets to SDS Ugol’ for $280 m
   14.02.2011 : Belon increases coal concentrate output by 22 per cent

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