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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
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   25.04.2011  Title: Know-how for Kostromovskaya mine
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   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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