The company, 82.6 per cent owned by MMK (Magnitogorsk) via Onarbay Enterprises Ltd., plans to move to Belovo (Kemerovo Region) while closing down its Moscow, Lipetsk and Kemerovo offices, about 10 per cent of personnel moving along.
At the same time, the company still considers plans of disposing of its non-core assets.
By 2013, Belon means to increase coking coal production 1.7 times against 2009 plans, up to 6.8 m t, coking coal concentrate—by 56 per cent, up to 4.3 m t.