| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Vladimir Fedorovich Kharchenko CEO | TWSE Exchange | TW0008422007 ISIN |
| Russia Country | - Employees | 29 Jun 2026 Last Dividend | 6 Nov 2025 Last Split | - IPO Date |
Belon Joint Stock Company, established in 1991, operates within the coal industry in Russia, engaging in the extraction, processing, and production of coal and its by-products. The company has its foundations in Belovo, Russia, serving as a vital player in the national coal market. It functions as a subsidiary under the umbrella of MMK - Mining Assets Management S.A., signaling its strategic importance and integrated role in the broader mining and metal sector. Through its operations, Belon Joint Stock Company contributes significantly to the supply of crucial raw materials for various industrial processes, ensuring the continuity and efficiency of production chains both domestically and potentially internationally.
Coking coal, also known as metallurgical coal, is a critical ingredient in the steel manufacturing process. Belon Joint Stock Company provides quality coking coal, which is essential for steel producers, ensuring the high-grade material necessary for steel production. This specific type of coal is distinguished from other types due to its ability to cokify or turn into coke after being subjected to high temperatures, devoid of oxygen. This coke is then used in blast furnaces as part of the iron-making process, highlighting the importance of Belon’s coking coal in the foundational stages of steel production.
Belon Joint Stock Company also specializes in the production of coal concentrates, which are products derived from the process of coal washing. These concentrates are characterized by their increased purity and higher calorific value compared to raw coal. Through the removal of impurities such as rock, ash, and other non-combustible materials, coal concentrates provide a more efficient fuel source for power generation and other industrial applications. This product aligns with the growing demand for cleaner fuel options in an environmentally conscious market, showcasing Belon’s commitment to innovation and sustainability within its operational framework.